AUD/JPY – 1H – BUY

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

A continuation of the upward movement up to the next resistance level at 105.273 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 104.558 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

Additionally a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

105.089 – 105.273 – 104.835 – 104.558 – 104.617 – 104.458 —
105.36100 – 105.20200 —
68.73359414363 – 57.722692690717 —
– —
105.08900 – 1767582000

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Double bottom chart pattern – – – – – – – –