AUD/JPY – 30M – SELL

The currency pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support line at will continue.

Caution: A possible change in the direction of resistance at 95.41000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Next a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

95.41000 – 95.95500 – 96.09900 – 94.39700 – 94.75500 – 95.12100 — 52.112726659085 – 45.210865471392 — 93.680666312245 – 71.744758956165 – 92.946636091713 – 85.651584546615

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Double top chart pattern – –