MEX_Exchange
Short

AUDJPY approaching major resistance, prepare to sell

FX:AUDJPY   Australian Dollar / Japanese Yen
Sell below 85.06. Stop loss at 05.25. Take profit at 84.38.
Reason for the trading strategy (technically):
Price is approaching major resistance at 85.06 ( Fibonacci extension , horizontal swing high resistance) and we expect a strong reaction from this level for a drop to at least 84.38 support ( Fibonacci retracement , horizontal overlap support).
Stochastic (34,5,3) is seeing strong resistance below 96% where we expect a further drop from.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out