AUD/JPY – 1H – SELL

The pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the descending trendline down.

A continuation of the bearish trend down to the next support level at will persist.

Caution: A possible trend reversal in the direction of resistance at 111.212 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 110.07384 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 111.212 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

111.212 – 112.086 – 111.291 – 109.92 – 109.526 – 109.677 —
110.73700 – 110.92100 —
43.248726122593 – 50.949360441961 —
– —
111.212 – 1772661600

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows – – – – – – – – –