AUD/JPY – 1H – SELL

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

A continuation of the bearish trend down to the next support level at 95.90400 is certain.

Caution: A possible trend reversal in the direction of resistance at 97.14200 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Bearish SBS White Lines’ chart pattern is discovered. The candles show ‘Bearish SBS White Lines’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

Download AUD/JPY Signal Image

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bearish SBS White Lines