AUD/JPY – 1H – SELL

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

A bearish movement down to the next support level at 97.49000 is likely expected.

Caution: A possible change in the direction of the resistance zone at 99.16100 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Download AUD/JPY Signal Image

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