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RickyBooker

AUDJPY Neutral Trade

Australian Dollar / Japanese Yen (FX:AUDJPY)  
RickyBooker  
FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY audjpyshort audjpylong aud jpy short LONG neutral breakout Parallel Channel
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audjpy audjpyshort audjpylong aud jpy short long neutral breakout parallelchannel
Here on the AUDJPY Daily chart we believe it could go any way. If price action breaks the descending channel than we believe price will reach the 86.22 resistance level. But if the price action doesn't break the channel than we believe it will bounce off resistance and go short to the 74.65 support level.
snapshot
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