AUD/JPY – 30M – SELL

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

A continuation of the downward movement down to the next support at 96.26000 will continue.

Caution: A possible change in the direction of the resistance level at 96.91500 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Download AUD/JPY Signal Image

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