AUD/JPY – 1H – SELL

The combination Australian Dollar/Japanese Yen (AUD/JPY) goes from the ascending trendline downwards

A bearish movement down to the next support line at 106.074 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 108.566 could happen.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair is likely to rise.

Then a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.

Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

108.566 – 107.138 – 107.087 – 106.074 – 106.072 – 106.294 —
108.41400 – 108.09200 —
68.479868825044 – 30.766920827125 —
– —
108.56600 – 1769670000

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