AUD/JPY – 30M – SELL

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

A bearish movement downwards to the next support line at 112.617 is certain.

Caution: A possible change in the direction of the resistance zone at 113.736 is within the realm of possibility.
Consider stop-loss settings accordingly.

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 112.452 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 113.736 is within the realm of possibility.
Consider stop-loss settings accordingly.

113.736 – 113.953 – 113.624 – 112.617 – 113.115 – 113.213 —
112.91900 – 112.85600 —
34.766197487799 – 36.196560672256 —
– —
113.736 – 1773289800

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