AUD/JPY – 30M – BUY

The combination Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bullish trendline upwards

A continuation of the upward movement up to the next resistance line at 102.483 is certain.

Caution: A possible counter-trend in the direction of the support line at 101.633 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.

Besides a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The 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).

102.044 – 102.024 – 101.741 – 101.633 – 100.342 – 100.957 —
101.97800 – 102.04600 —
53.832184345005 – 58.288550366234 —
– —
102.04400 – 1764217800

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