The currency pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bearish trendline upwards
An ascending movement up to the next resistance level at 113.077 is expected.
Caution: A possible trend reversal in the direction of the support level at 111.48 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 113.953 |
| Next High | 113.077 |
| Current Price | 113.01200 |
| Next Low | 111.48 |
| 2nd Low | 111.284 |
| 3rd Low | 110.121 |
113.077 – 112.987 – 113.953 – 111.48 – 111.284 – 110.121 —
113.10900 – 113.00600 —
61.832212510913 – 52.325664729379 —
– —
113.077 – 1773763200
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – Symmetrical Triangle Chart Pattern – – – – – – – –