AUD/JPY – 1H – SELL

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

A continuation of the downtrend down to the next support at 112.886 will continue.

Caution: A possible change in the direction of the resistance line at 113.581 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘StochRSI Hidden Bearish Divergence’ indicator signal is existing. The indicator shows ‘StochRSI Hidden Bearish Divergence’. In der Regel bedeutet das ein negatives chart signal. Das Paar tendiert eventuell nach unten.

Moreover a ‘Southern Doji’ candlestick chart pattern is discovered. The chart forms ‘Southern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

113.581 – 114.305 – 113.322 – 112.886 – 112.366 – 112.189 —
113.29200 – 113.48300 —
51.646329316494 – 58.87603516136 —
– —
113.581 – 1778158800

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