AUD/JPY – 1H – SELL

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

The bearish trend down to the next support level at 94.56400 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 95.36500 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Tweezers Top’ candlestick chart pattern is existing. The chart shows ‘Tweezers Top’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

95.36500 – 94.67800 – 94.88600 – 94.56400 – 94.32900 – 94.11700 — 43.177982813693 – 39.837607895624

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