Get started
Sublime_Trading

Bears in Control on The AUDJPY?

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
Sublime_Trading  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Support and Resistance Pivot Points fx Forex AUDJPY support pullback breakout trendtrading Technical Analysis
3
0
trendanalysis supportandresistance pivotpoints fx forex audjpy support pullback breakout trendtrading technicalanalysis
Last post: March 27th. See chart.

Review: Price had bounced off resistance and was showing strong signs of weakness.

Update: Price has continued to weaken and is now trading below the daily 50sma.

Conclusion: Still applying patience until the support ahead that includes 80.000 is cleared before placing short trades.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

Sublime Trading
Join Our Private Community

bit.ly/join-ST-community

Plus Get Our Ultimate Stock Market Blueprint.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.