AUD/JPY – 1H – SELL

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

A continuation of the downward movement downwards to the next support line at 113.919 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 114.542 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.

There is also a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

There is also a ‘Three Outside Down’ candlestick pattern is existing. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

114.542 – 114.703 – 114.706 – 113.919 – 114.074 – 113.709 —
114.19000 – 114.34300 —
45.22102691389 – 53.173924925478 —
– —
114.542 – 1777474800

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Outside Down – Rising Wedge Chart Pattern – – – – – – – –