AUD/JPY – 30M – SELL

Also there is a ‘Inverse Head and Shoulder chart pattern’ chart pattern is detected. The chart picture shows ‘Inverse Head and Shoulder chart pattern’. which is a bullish signal. The pair is likely to go up.

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

A descending movement downwards to the next support line at 109.878 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 110.636 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.

Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Also there is a ‘Matching Low’ candle pattern is found. The candles show ‘Matching Low’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

110.636 – 110.294 – 110.787 – 109.878 – 109.648 – 108.041 —
110.62400 – 110.36900 —
60.212309623801 – 34.394232024642 —
– —
110.636 – 1770663600

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Matching Low – Inverse Head and Shoulder chart pattern – – – – – – – –