AUD/JPY – 1H – SELL

The pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the bullish trendline downwards

A bearish movement downwards to the next support line at 100.586 will continue.

Caution: A possible change in the direction of resistance at 102.483 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair could go down.

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

Additionally a ‘Matching Low’ candlestick pattern is detected. The candles show ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

102.483 – 101.428 – 101.148 – 100.586 – 100.138 – 100.734 —
101.65600 – 101.27400 —
48.607259293464 – 42.747258357996 —
– —
102.48300 – 1763654400

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Matching Low – Double top chart pattern – – – –