AUD/JPY – 4H – SELL

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

A bearish descent down to the next support line at 100.138 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 101.819 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.

Then a ‘%K crosses above %D’ indicator layout is discovered. The indicator shows ‘%K crosses above %D’. which is often a bullish chart signal. The pair is likely to go up.

Then a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

101.819 – 101.136 – 101.205 – 100.138 – 100.22 – 98.818 —
102.23500 – 101.21000 —
62.829814108985 – 47.540631678118 —
– —
101.81900 – 1763020800

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