AUD/JPY – 30M – SELL

The currency pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 105.669 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 106.325 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which is often a bearish signal. The currency pair could go down.

Additionally a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

106.325 – 106.228 – 106.018 – 105.669 – 105.582 – 106.171 —
106.24200 – 106.31300 —
54.455252458604 – 56.732031087409 —
– —
106.32500 – 1768500000

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