Buy AUD/JPY – 1H – BUY

Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 112.277192 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 112.263 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 113.437
2nd High 112.626
Next High 112.263
Current Price 111.93500
Next Low 111.148
2nd Low 110.302
3rd Low 109.756

111.876 – 112.263 – 112.626 – 111.148 – 111.978 – 111.287 —
111.78400 – 111.87300 —
49.825540654026 – 58.366738733166 —
– —
111.876 – 1783062000

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