The pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 106.837 will persist.
Caution: A possible reversal of the trend in the direction of support at 106.074 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘ ‘ indicator signal is found. The indicator is ‘ ‘. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 108.996 |
| 2nd High | 107.087 |
| Next High | 106.837 |
| Current Price | 106.75000 |
| Next Low | 106.074 |
| 2nd Low | 106.072 |
| 3rd Low | 105.973 |
106.837 – 107.087 – 106.882 – 106.074 – 106.449 – 106.072 —
106.65200 – 106.79600 —
46.342914709921 – 55.148385930673 —
– —
106.83700 – 1769535000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –