MEX_Exchange

AUDJPY remain bearish as price tests our selling area

Short
FX:AUDJPY   Dollar australien/Yen japonais
Sell below 88.76. Stop loss at 89.38. Take profit at 87.92.
Reason for the trading strategy (technically):
Price continues to test our selling area. We remain bearish looking to sell below major resistance at 88.76 (Multiple Fibonacci retracements, horizontal swing high resistance, Fibonacci extension) for a push down to at least 87.92 support (Fibonacci retracement, horizontal overlap support).
Stochastic (55,3,1) is seeing major resistance at 98% and turning down nicely with good downside potential.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.