AUD/JPY – 30M – BUY

The currency pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the ascending trendline up.

A continuation of the uptrend up to the next resistance at 94.83400 is likely expected.

Caution: A possible change in the direction of support at 93.93800 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

94.83400 – 94.54700 – 93.88200 – 93.93800 – 94.16500 – 93.24000

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