AUD/JPY – 30M – SELL

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

A bearish descent downwards to the next support level at 108.822 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 109.547 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.

Furthermore a ‘StochOSC Hidden Bearish Divergence’ indicator signal is detected. The indicator is ‘StochOSC Hidden Bearish Divergence’. this is usually a bearish signal. The currency pair could go down.

Furthermore a ‘Two Crows’ candlestick chart pattern is found. The chart shows ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

109.547 – 108.366 – 108.172 – 108.822 – 106.853 – 107.291 —
109.44100 – 109.82200 —
59.461123847902 – 70.393378982829 —
– —
109.547 – 1770111000

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Two Crows – – – – – – – – –