AUD/JPY – 30M – SELL

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

A bearish movement down to the next support line at is considered certain.

Caution: A possible change in the direction of the resistance zone at 106.313 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.

Furthermore a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

106.313 – 106.325 – 106.228 – 105.867 – 105.669 – 105.582 —
106.05700 – 106.06300 —
39.706109927817 – 39.740935262391 —
– —
106.31300 – 1768527000

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Head and Shoulder chart pattern – – – – – – – –