AUD/JPY – 30M – SELLFurthermore a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.
The combination Australian Dollar/Japanese Yen (AUD/JPY) goes from the ascending trendline down.
A bearish movement down to the next support level at 110.662 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 111.222 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 111.298 |
| 2nd High | 111.291 |
| Next High | 111.222 |
| Current Price | 111.08800 |
| Next Low | 110.662 |
| 2nd Low | 109.677 |
| 3rd Low | 109.63 |
111.222 – 111.291 – 111.222 – 110.662 – 109.677 – 110.641 —
110.92400 – 111.23600 —
43.335449302519 – 57.272663165987 —
– —
111.222 – 1772420400
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – Symmetrical Triangle Chart Pattern – – – – – – – –