The currency pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 112.89 is certain.
Caution: A possible change in the direction of the support line at could occur.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 113.175 |
| 2nd High | 113.128 |
| Next High | 112.89 |
| Current Price | 112.98800 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
112.89 – 112.534 – 112.834 – 112.593 – 112.03 – 112.176 —
112.83300 – 112.90400 —
52.976065952952 – 53.705453170009 —
– —
112.89 – 1781231400
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –