AUD/JPY – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 112.2 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 112.753 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Tweezers Top’ chart pattern is detected. The candles show ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

112.753 – 112.751 – 112.787 – 112.2 – 112.201 – 112.209 —
112.69500 – 112.66700 —
55.062052215851 – 52.14331010604 —
– —
112.753 – 1783564200

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Tweezers Top – – – – – – – – –