VANTAGE:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY

Intraday - We look to Sell at 94.50 (stop at 95.25)

Previous support located at 93.50. Previous resistance located at 94.00. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 94.50, resulting in improved risk/reward. A move through 93.50 will confirm the bearish momentum.

Our profit targets will be 92.50 and 92.00

Resistance: 94.00 / 94.50 / 95.00
Support: 93.00 / 92.50 / 92.00

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