AUD/JPY – 1H – SELL

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

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

Caution: A possible reversal of the trend in the direction of the resistance zone at 95.36500 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI fall below 80’ indicator signal is found. The indicator is ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair is likely to fall.

And also a ‘Tweezers Top’ candle pattern is existing. The candles form ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

95.36500 – 94.67800 – 94.88600 – 94.56400 – 94.32900 – 94.11700 — 43.177982813693 – 39.837607895624 — 100 – 67.34

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