AUD/JPY – 1H – SELL

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

A bearish trend down to the next support line at 94.56400 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 95.36500 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI fall below 80’ indicator layout is existing. The indicator is ‘StochRSI fall below 80’. which could be a negative chart signal. The currency pair is likely to fall.

And also a ‘Tweezers Top’ candle pattern is detected. The chart shows ‘Tweezers Top’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

95.36500 – 94.67800 – 94.88600 – 94.56400 – 94.32900 – 94.11700 — 43.177982813693 – 39.837607895624

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