AUD/JPY – 30M – SELL

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

A continuation of the downtrend down to the next support line at 100.626 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 101.428 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

101.428 – 101.148 – 101.131 – 100.626 – 100.138 – 100.6 —
101.32400 – 101.23500 —
60.10999885134 – 47.838922167715 —
– —
101.42800 – 1763496000

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – – – – –