AUD/JPY – 1H – SELL

The currency pair moves from the ascending trendline downwards

A descent downwards to the next support line at 98.34100 is considered certain.

Caution: A possible change in the direction of the resistance zone at 100.09700 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 98.658256 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 100.09700 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

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