AUD/JPY – 1H – SELL

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

A bearish movement down to the next support at 100.353 will continue.

Caution: A possible change in the direction of resistance at 102.483 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 100.69142 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 102.483 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

102.483 – 101.428 – 101.148 – 100.353 – 100.586 – 100.138 —
101.39100 – 101.32300 —
56.174148910549 – 48.442368638052 —
– —
102.48300 – 1763654400

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –