Buy AUD/JPY – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance at 95.30700 is considered certain.

Caution: A possible change in the direction of the support level at 92.80500 is within the realm of possibility.
Consider stop-loss settings accordingly.

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

Support & Resistance Price Range*
3rd High 95.74300
2nd High 95.39200
Next High 95.30700
Current Price 93.91900
Next Low 92.80500
2nd Low 92.46400
3rd Low 92.21400

93.32700 – 93.54400 – 92.80900 – 92.80500 – 92.46400 – 92.21400

Download AUD/JPY Signal Image

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