AUD/JPY – 1H – SELL

Besides a ‘Double bottom retreat down’ chart pattern is existing. The chart picture forms ‘Double bottom retreat down’. which is a bearish signal. The currency pair is likely to fall.

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

A descent down to the next support level at will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 101.428 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

101.428 – 101.148 – 101.131 – 100.586 – 100.138 – 100.734 —
102.14800 – 101.71200 —
62.041666182289 – 48.585860991984 —
– —
101.42800 – 1763496000

Trading Signals: FOREX – AUD – AUD/JPY – JPY – – Double bottom retreat down – – – –