AUD/JPY – 30M – BUY

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

A bullish ascent upwards to the next resistance at 96.886 will continue.

Caution: A possible change in the direction of the support zone at 95.76 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.

And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.

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

96.83 – 96.886 – 96.162 – 95.76 – 95.703 – 95.765 — 59.568509049356 – 60.880718733359 — 80.862068965517 – 96.242816091954 – 75.65299764908 – 83.666881185736

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