AUD/JPY – 30M – BUY

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

A bullish ascent up to the next resistance level at 101.148 is expected.

Caution: A possible counter-trend in the direction of support at 100.22 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

And also a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. 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).

101.148 – 101.131 – 101.293 – 100.6 – 100.769 – 100.734 —
100.75700 – 100.53200 —
38.564089045704 – 25.356564867373 —
– —
101.14800 – 1763406000

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