The pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at is certain.
Caution: A possible trend reversal in the direction of the support level at 104.973 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.
Furthermore a ‘%K crosses above %D’ indicator signal is detected. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The currency pair is likely to rise.
Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 105.56900 |
| Next Low | 104.973 |
| 2nd Low | 104.558 |
| 3rd Low | 104.459 |
105.361 – 105.248 – 105.072 – 104.973 – 104.558 – 104.617 —
105.56000 – 105.59900 —
69.463597410262 – 62.965742409426 —
– —
105.36100 – 1767688200
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –