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HoangMinhMarketSentiment

AUD/JPY Breakout Bullish Trendline - Short Position Setup

Short
Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
HoangMinhMarketSentiment  
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis
3
0
trendanalysis
As we can see that the trendline in H4 timeframe has been broken-out for a week, but the new trend still not have a retest times since this signal. Although it is clear to realize a new downtrend, but it is needed to wait for a retest process for either two resistance zone. It would be depended on candlestick reversal after coming two resistance.
Resistance 1: 78.9 - 79.1
Resistance 2: 79.4 - 79.6
Good luck!
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