AUD/JPY – 30M – SELL

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

A bearish movement downwards to the next support line at 112.278 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 112.735 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 112.60402 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 112.735 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

112.644 – 112.461 – 112.511 – 112.278 – 112.226 – 112.242 —
112.55400 – 112.76300 —
60.631468019466 – 70.175780898619 —
– —
112.644 – 1783953000

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