AUD/JPY – 30M – SELL

The currency pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the descending trendline down.

A continuation of the bearish trend downwards to the next support level at will continue.

Caution: A possible change in the direction of the resistance level at 94.88600 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

There is also a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

94.88600 – 94.54200 – 94.74500 – 94.22600 – 93.98900 – 94.22400

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