AUD/JPY – 1H – SELL

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

The bearish trend downwards to the next support level at 113.709 is expected.

Caution: A possible counter-trend in the direction of resistance at 114.293 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Additionally a ‘Southern Doji’ chart pattern is detected. The candles form ‘Southern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

114.257 – 114.251 – 114.293 – 113.709 – 113.679 – 113.65 —
114.56400 – 114.50200 —
69.423505177786 – 42.745655452641 —
– —
114.257 – 1776942000

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