AUD/JPY – 1H – SELL

The combination Australian Dollar/Japanese Yen (AUD/JPY) jumps from the bearish trendline downwards

A continuation of the downward movement down to the next support level at 106.074 will persist.

Caution: A possible change in the direction of the resistance zone at 107.087 is within the realm of possibility.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.

Additionally a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Two Crows’ candle chart pattern is discovered. The chart shows ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

107.087 – 106.882 – 108.996 – 106.074 – 106.072 – 106.294 —
106.80100 – 106.89100 —
50.631543055262 – 55.811018320132 —
– —
107.08700 – 1769504400

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Two Crows – Inverse Head and Shoulder chart pattern – – – – – – – –