AUD/JPY – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 94.05600 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 94.63200 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

94.63200 – 94.60500 – 94.61400 – 94.05600 – 94.23100 – 94.46000

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