AUD/JPY – 30M – BUY

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

An ascending movement up to the next resistance at 97.822 is expected.

Caution: A possible counter-trend in the direction of support at should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.

Additionally a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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).

97.822 – 98.125 – 98.382 – 97.697 – 97.802 – 97.424 — 49.188441149862 – 50.94911911116 — 1.5861077180632 – 6.2565332205627 – 0.83034653226744 – 2.7650356259985

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