The pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 114.257 will continue.
Caution: A possible change in the direction of the support level at 113.679 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair is likely to rise.
Moreover a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 113.9715 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 114.257 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 114.369 |
| 2nd High | 114.293 |
| Next High | 114.257 |
| Current Price | 113.98800 |
| Next Low | 113.679 |
| 2nd Low | 113.65 |
| 3rd Low | 113.065 |
114.257 – 114.251 – 114.293 – 113.679 – 113.65 – 113.84 —
113.85800 – 113.99200 —
46.38818833511 – 50.879421786987 —
– —
114.257 – 1776942000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –