ForecastCity

💡Don't miss the great sell opportunity in AUDJPY

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (78.11).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. AUDJPY is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 30.

Take Profits:
TP1= @ 77.46
TP2= @ 76.96
TP3= @ 76.50
TP4= @ 75.42
TP5= @ 74.90

SL: Break Above R2

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ForecastCity English Support Team ❤️
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Comments

Great analysis!
+2 Reply
ForecastCity DenizKilicDeniz
@DenizKilicDeniz, Thank you
Reply
Upvoted! 👌
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Thanks 👍
Reply
I always enjoy your work. 👍
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, Thanks for your support. 👍
Reply
Nice setup 👍
+1 Reply
@Kamryn, Thanks. We hope you enjoy it.
Reply
It seems to be so accurate.
+1 Reply
ForecastCity Kristalyn
@Kristalyn, Thanks for your comment. Cheers 👍
Reply