Jal121

AUD/JPY - Third touch of top trendline coinciding with...

Short
OANDA:AUDJPY   Australian Dollar / Japanese Yen
A key long term resistance zone . Price is getting squeezed in this rising wedge type structure. This week we've seen indecision with increased sellers in the market at this key level. Will we see a break of structure and move to the downside?

Happy Trading. And always manage risk!

Comments

might be onto something here
+1 Reply
Jal121 HemiBillions
@HemiBillions we’ve seen plenty of bearish pressure today which is nice. Let’s see. Thanks for the comment.
Reply
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