The currency pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bearish trendline upwards
An ascent upwards to the next resistance at 109.808 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 109.044 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110.912 |
| 2nd High | 110.401 |
| Next High | 109.808 |
| Current Price | 109.34100 |
| Next Low | 109.044 |
| 2nd Low | 108.8 |
| 3rd Low | 108.369 |
109.808 – 110.401 – 110.318 – 109.044 – 109.492 – 109.978 —
109.77500 – 109.36800 —
64.838275363344 – 40.236090055415 —
– —
109.808 – 1774863000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –