AUD/JPY – 30M – SELL

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

A descending movement downwards to the next support line at will continue.

Caution: A possible trend reversal in the direction of the resistance level at 110.184 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.

Besides a ‘Bearish Engulfing’ candlestick pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

110.184 – 109.547 – 108.366 – 109.181 – 108.822 – 106.853 —
109.77800 – 109.50400 —
50.054116812692 – 30.130246724639 —
– —
110.184 – 1770215400

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