AUDJPY rejected at 85 price level, all aboard the gravy train!
SORRY team for the messy chart. Was doing some deep analysis. I've noticed the following:
AUDJPY has failed the 85 quarter point
AUDJPY has failed to pass the previous high
AUDJPY has failed to pass the 38.2 FIB LEVEL
AUDJPY has formed a descending wedge
Target is 84. Trailing stop of 250 points after you're ~35-50 pips in profit.
Expect a strong support bounce at 84.500. My expectation is that it continues downwards.
Until next time
ForexNick
AUDJPY has failed the 85 quarter point
AUDJPY has failed to pass the previous high
AUDJPY has failed to pass the 38.2 FIB LEVEL
AUDJPY has formed a descending wedge
Target is 84. Trailing stop of 250 points after you're ~35-50 pips in profit.
Expect a strong support bounce at 84.500. My expectation is that it continues downwards.
Until next time
ForexNick
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.