Highly correlated with global equity markets and looking weak. Often leads equities. Expect lower prices. We have had a TD Sell Setup 9 count and today we have the first red 1 (after bearish flip). Sell AUDJPY and target TDSL at the low of the 1 bar of the sell setup circa 81.00.
Comment:
First No 1 count sell after the 9. Keep selling down to c.81.00
Comment:
Continues to work nicely down enroute to target of 81.00