AUD/JPY – 30M – SELL

The pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the bullish trendline down.

A bearish movement down to the next support level at 97.42700 is certain.

Caution: A possible change in the direction of the resistance level at 98.02700 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ candle pattern is found. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Download AUD/JPY Signal Image

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows