Buy AUD/JPY – 1H – BUY

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Moreover a ‘Double bottom chart pattern’ chart pattern is found. The chart shows ‘Double bottom chart pattern’. which is a bullish signal. The currency pair is likely to go up.

Moreover a ‘Northern Doji’ candle pattern is existing. The candles form ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 98.759
2nd High 97.502
Next High 97.425
Current Price 97.33600
Next Low 96.81
2nd Low 96.306
3rd Low 95.76

97.322 – 97.425 – 96.996 – 96.81 – 97.044 – 96.306 — 60.31971533511 – 67.912015336711 — 100 – 100 – 99.383019048009 – 100

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