AUD/JPY – 1H – SELLThe pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the bullish trendline down.
The bearish trend down to the next support line at 104.558 is expected.
Caution: A possible change in the direction of the resistance zone at 105.089 could be enabled.
Consider stop-loss settings accordingly.
There is also a ” indicator layout is discovered. The indicator shows ”. which could be a negative signal. The currency pair is likely to fall.
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There is also a ‘%K crosses below %D’ indicator layout is discovered. The indicator shows ‘%K crosses below %D’. which could be a negative signal. The currency pair is likely to fall.
There is also a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 105.273 |
| Next High | 105.089 |
| Current Price | 105.44300 |
| Next Low | 104.558 |
| 2nd Low | 104.458 |
| 3rd Low | 104.429 |
105.089 – 105.273 – 104.835 – 104.558 – 104.617 – 104.458 —
105.11500 – 105.55900 —
52.391041151303 – 71.14771895741 —
– —
105.08900 – 1767582000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – – – – – – – – –