The combination Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bearish trendline upwards
A bullish trend up to the next resistance level at 110.965 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 110.343 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 111.771 |
| 2nd High | 111.158 |
| Next High | 110.965 |
| Current Price | 110.89900 |
| Next Low | 110.343 |
| 2nd Low | 110.272 |
| 3rd Low | 110.232 |
110.965 – 111.158 – 111.116 – 110.682 – 110.343 – 110.272 —
110.76700 – 110.89700 —
39.230365850696 – 57.034223308404 —
– —
110.965 – 1774438200
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –