AUD/JPY – 1H – SELL

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

The bearish trend downwards to the next support line at 102.284 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 103.185 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Current target is 102.934192 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 103.185 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

103.185 – 102.842 – 102.505 – 102.284 – 102.094 – 102.096 —
103.10500 – 103.17100 —
53.737057228253 – 61.095108335145 —
– —
103.18500 – 1764954000

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