Buy AUD/JPY – 4H – BUY

The pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance at 93.56100 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 92.11000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 95.39200
2nd High 95.30700
Next High 93.56100
Current Price 93.19200
Next Low 92.11000
2nd Low 90.58300
3rd Low 89.63300

93.56100 – 92.21600 – 91.40300 – 92.11000 – 90.58300 – 89.63300

Download AUD/JPY Signal Image

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