AUD/JPY – 30M – SELL

The combination Australian Dollar/Japanese Yen (AUD/JPY) jumps from the descending trendline down.

A continuation of the bearish trend downwards to the next support line at 110.063 will continue.

Caution: A possible change in the direction of resistance at 111.107 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

111.107 – 111.053 – 111.212 – 110.063 – 110.22 – 109.92 —
110.97600 – 110.64900 —
48.935786890815 – 46.471847736648 —
– —
111.107 – 1772785800

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