MEX_Exchange

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About me https://www.mexexchange.com | 0.0 pip spreads | ECN broker | ASIC regulated | $25 min deposit | Global Presence
Joined Australia www.mexexchange.com/
www.mexexchange.com | 0.0 pip spreads | ECN broker | ASIC regulated | $25 min deposit | Global Presence
Markets Allocation
100 % forex
Top Mentioned Symbols
AUDJPY 100% | 1
MEX_Exchange MEX_Exchange PRO AUDJPY, 60, Short ,
AUDJPY: AUDJPY approaching major resistance, prepare to sell
62 0 3
AUDJPY, 60 Short
AUDJPY approaching major resistance, prepare to sell

Sell below 85.06. Stop loss at 05.25. Take profit at 84.38. Reason for the trading strategy (technically): Price is approaching major resistance at 85.06 (Fibonacci extension, horizontal swing high resistance) and we expect a strong reaction from this level for a drop to at least 84.38 support (Fibonacci retracement, horizontal overlap support). Stochastic ...

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