Sell AUD/JPY – 1H – SELL

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

The bearish trend downwards to the next support level at 94.56400 is expected.

Caution: A possible change in the direction of resistance at 95.36500 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI fall below 80’ indicator signal is found. The indicator is ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair could go down.

There is also a ‘Tweezers Top’ chart pattern is discovered. The chart shows ‘Tweezers Top’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 95.64000
Next High 95.36500
Current Price 94.63800
Next Low 94.56400
2nd Low 94.32900
3rd Low 94.11700

95.36500 – 94.67800 – 94.88600 – 94.56400 – 94.32900 – 94.11700 — 43.177982813693 – 39.837607895624 — 100 – 67.34

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