AUD/JPY – 30M – BUY

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair could go up.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 106.325 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 106.313 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

106.313 – 106.325 – 106.228 – 105.209 – 105.523 – 105.867 —
106.14400 – 106.16900 —
56.930904853317 – 47.427224434309 —
– —
106.31300 – 1768527000

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