AUD/JPY – 30M – SELL

The combination Australian Dollar/Japanese Yen (AUD/JPY) goes from the bullish trendline down.

A descending movement down to the next support line at 94.56400 is expected.

Caution: A possible change in the direction of the resistance level at 95.36500 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

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 scenario. The currency pair could go down.

Next a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

95.36500 – 94.63700 – 94.67800 – 94.56400 – 94.45700 – 94.32900

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