AUD/JPY – 30M – SELL

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

A continuation of the downward movement down to the next support level at 92.21400 is considered certain.

Caution: A possible change in the direction of the resistance zone at 92.80900 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.

Next a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Next a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

92.80900 – 92.76300 – 92.92000 – 92.21400 – 92.60500 – 92.40600

Download AUD/JPY Signal Image

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows