AUD/JPY – 30M – SELL

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Bearish Engulfing’ candlestick pattern is existing. The chart forms ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

108.723 – 108.266 – 108.731 – 107.842 – 107.849 – 108.374 —
108.57000 – 108.60700 —
60.3167864166 – 51.45287796928 —
– —
108.723 – 1771362000

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bearish Engulfing – – – – – – – – –