AUD/JPY – 30M – BUY

Also there is a ‘Falling Wedge Chart Pattern’ chart formation is detected. The chart forms ‘Falling Wedge Chart Pattern’. this is a bullish pattern signal. The currency pair is likely to rise.

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

A bullish ascent upwards to the next resistance at 94.83400 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 94.16500 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.

Also there is a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. 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).

94.83400 – 94.54700 – 93.88200 – 94.16500 – 93.24000 – 92.31100

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji