AUD/JPY – 30M – SELL

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

A continuation of the downward movement down to the next support line at 105.669 is expected.

Caution: A possible change in the direction of the resistance line at 106.325 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘%K crosses below %D’ indicator signal is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

106.325 – 106.228 – 106.018 – 105.669 – 105.582 – 106.171 —
106.29400 – 106.28400 —
62.681422048389 – 59.489442166111 —
– —
106.32500 – 1768500000

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