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 at 94.56400 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 95.36500 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘Tweezers Top’ candle pattern is discovered. The chart shows ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 – Triple top chart pattern – –