AUD/JPY – 30M – BUY

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

A bullish movement up to the next resistance line at 95.84300 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 95.58000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

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

95.84300 – 96.06900 – 96.49300 – 95.58000 – 95.51500 – 94.58200 — 50.661074879571 – 51.327884405725 — 83.683620568866 – 88.082634827354 – 62.521017234132 – 78.152971125255

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