AUD/JPY – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 101.633 is likely expected.

Caution: A possible change in the direction of the resistance zone at 102.044 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. which is often a bearish chart scenario. The currency pair is likely to fall.

102.044 – 102.024 – 101.741 – 101.633 – 100.342 – 100.957 —
101.95500 – 101.98900 —
57.579357407155 – 59.839851412753 —
– —
102.04400 – 1764217800

Trading Signals: FOREX – AUD – AUD/JPY – JPY – – Double bottom retreat down – – – – – – – –