The combination Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 113.077 will persist.
Caution: A possible change in the direction of the support zone at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 113.953 |
| 2nd High | 113.736 |
| Next High | 113.077 |
| Current Price | 113.01700 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
113.077 – 112.987 – 112.575 – 112.776 – 111.623 – 111.48 —
113.00700 – 113.03500 —
53.997267772422 – 45.190930655943 —
– —
113.077 – 1773763200
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –