The pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the descending trendline upwards
An ascending movement up to the next resistance at 106.882 will continue.
Caution: A possible change in the direction of the support level at 106.072 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘ ‘ indicator layout is found. The indicator shows ‘ ‘. which could be a positive signal. The pair is likely to go up.
Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 108.996 |
| Next High | 106.882 |
| Current Price | 106.63400 |
| Next Low | 106.072 |
| 2nd Low | 105.908 |
| 3rd Low | 105.209 |
106.882 – 108.996 – 106.585 – 106.072 – 106.294 – 105.908 —
106.88000 – 106.58800 —
49.645524062257 – 40.7558556306 —
– —
106.88200 – 1769457600
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –