AUD/JPY – 30M – SELL

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

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

Caution: A possible counter-trend in the direction of resistance at 114.632 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

In addition a ‘Matching Low’ candlestick chart pattern is existing. The candles show ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

114.632 – 114.273 – 113.946 – 114.089 – 113.709 – 113.735 —
114.59600 – 114.50800 —
64.837695141887 – 46.340511071329 —
– —
114.632 – 1777321800

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