AUD/JPY – 30M – BUY

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

A bullish trend up to the next resistance at 104.225 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.

Additionally a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair is likely to rise.

Additionally a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

104.225 – 104.307 – 104.227 – 103.181 – 103.723 – 103.83 —
103.49800 – 103.60300 —
31.82546551542 – 44.1332309902 —
– —
104.22500 – 1765405800

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