AUD/JPY – 4H – BUY

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 113.905724 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 114.706 is also possible.
Consider stop-loss settings accordingly.

114.706 – 114.293 – 114.369 – 112.18900 – 111.315 – 113.65 —
112.65400 – 113.30600 —
38.503535183419 – 48.641709722185 —
112.18900 – 1777968000 —
114.706 – 1777334400

Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –