AUD/JPY – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 112.8 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 113.236 could be enabled.
Consider stop-loss settings accordingly.

Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Additionally a ‘Two Crows’ candle pattern is existing. The candles show ‘Two Crows’. which is a bearish pattern 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).

113.236 – 113.444 – 113.351 – 112.8 – 112.541 – 112.467 —
113.10000 – 113.24000 —
50.645100893244 – 59.576387904111 —
– —
113.236 – 1781870400

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Two Crows – – – – – – – – –