AUD/JPY – 4H – SELL

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

The bearish trend downwards to the next support level at 108.8 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 111.469 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair is likely to fall.

111.469 – 110.067 – 108.886 – 108.8 – 107.678 – 108.041 —
111.16000 – 112.08600 —
60.029390535389 – 69.542872027346 —
– —
111.469 – 1772049600

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