Buy AUD/JPY – 1H – BUY

The combination Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bearish trendline upwards

A bullish movement upwards to the next resistance line at 111.87600 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.

Support & Resistance Price Range*
3rd High 112.626
2nd High 112.263
Next High 111.87600
Current Price 111.83900
Next Low
2nd Low
3rd Low

111.87600 – 112.263 – 112.626 – 111.148 – 111.978 – 111.287 —
111.87600 – 111.83700 —
56.199121934504 – 55.785462518287 —
111.87600 – 1783062000 —
– 1783062000

Trading Signals:

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