AUD/JPY – 1H – SELL

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

A bearish movement downwards to the next support line at 94.56400 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 95.36500 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which could be a negative chart scenario. The pair is likely to go down.

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

95.36500 – 94.67800 – 94.88600 – 94.56400 – 94.32900 – 94.11700 — 43.177982813693 – 39.837607895624 — 65.981920259325 – 75.301519231534 – 50.594989314946 – 62.749853791798

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Tweezers Top – Triple top chart pattern – –