Sell AUD/JPY – 1H – SELL

The pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the bearish trendline downwards

A continuation of the downtrend downwards to the next support at is certain.

Caution: A possible change in the direction of resistance at 108.731 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

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 signal. The currency pair is likely to fall.

Additionally a ‘Southern Doji’ candlestick pattern is found. The chart forms ‘Southern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 109.48
2nd High 108.886
Next High 108.731
Current Price 108.43400
Next Low
2nd Low
3rd Low

108.731 – 108.886 – 109.48 – 107.842 – 107.849 – 107.678 —
108.35900 – 108.59900 —
53.46153461133 – 58.677435841449 —
– —
108.731 – 1771290000

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