Buy AUD/JPY – 30M – BUY

There is also a ‘Falling Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Falling Wedge Chart Pattern’. which is a positive chart scenario. The pair is likely to go up.

The pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the descending trendline up.

The bullish trend upwards to the next resistance at 93.90700 will continue.

Caution: A possible counter-trend in the direction of the support line at 92.31100 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.

There is also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Support & Resistance Price Range*
3rd High 94.74500
2nd High 94.71000
Next High 93.90700
Current Price 93.38900
Next Low 92.31100
2nd Low 92.05400
3rd Low 92.00900

93.90700 – 94.71000 – 94.58500 – 92.31100 – 93.23200 – 93.30100

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