The pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 109.816 will continue.
Caution: A possible trend reversal in the direction of support at 108.041 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
Also there is a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110.184 |
| 2nd High | 109.955 |
| Next High | 109.816 |
| Current Price | 109.17000 |
| Next Low | 108.041 |
| 2nd Low | 106.853 |
| 3rd Low | 106.519 |
109.816 – 109.955 – 110.184 – 108.041 – 108.664 – 109.076 —
108.67700 – 108.86000 —
40.597377747992 – 49.248448877361 —
– —
109.816 – 1770285600
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three White Soldiers – – – – – – – – –