Chibuike_Odoh

AUDJPY - Potential retest 🔽

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY brokeout above the downtrend resistance.
RSI is printing a bearish divergence signal.
The market is printing a double top reversal pattern.
Potential retest of the downtrend resistance + fibonacci retracement levels.
Sell entry - breakdown below the double top neckline support ⬇️.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.