- Potential counter trend trade on AUD/JPY after price broke the low of the inside bar.
- The trend is still up thus this counter trend trade might not be suitable for beginners.
- The inside bar was formed at the key resistance level at 102.80.
- Stops can be placed above the 102.80 key resistance level.
- Our first target will be at 99.68.
- Second target at 98.60 key support level.
- The trend is still up thus this counter trend trade might not be suitable for beginners.
- The inside bar was formed at the key resistance level at 102.80.
- Stops can be placed above the 102.80 key resistance level.
- Our first target will be at 99.68.
- Second target at 98.60 key support level.