AUD/JPY – 30M – BUY

The pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bearish trendline up.

A bullish trend up to the next resistance level at 113.993 will continue.

Caution: A possible change in the direction of the support zone at 113.65 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Moreover a ‘Bearish Harami Cross’ candlestick pattern is detected. The candles form ‘Bearish Harami Cross’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).

113.993 – 114.257 – 114.251 – 113.65 – 113.84 – 113.839 —
113.78500 – 113.88400 —
34.465631381539 – 52.450276668845 —
– —
113.993 – 1777003200

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bearish Harami Cross – Rising Wedge Chart Pattern – – – – – – – –