AUD/JPY – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 109.068 is expected.

Caution: A possible change in the direction of resistance at 109.797 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Furthermore a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

109.797 – 109.808 – 110.401 – 109.068 – 109.044 – 109.492 —
109.49800 – 109.56700 —
50.912438228396 – 50.317349603676 —
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109.797 – 1774931400

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows – – – – – – – – –