AUD/JPY – 30M – SELL

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

The bearish trend down to the next support line at will continue.

Caution: A possible trend reversal in the direction of the resistance level at 105.179 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The pair is likely to go up.

And also a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart signal. The pair is likely to go up.

And also a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

105.179 – 105.527 – 105.57 – 104.87 – 104.718 – 105.303 —
105.31900 – 105.31300 —
63.501069791549 – 52.642782448284 —
– —
105.17900 – 1767893400

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –