AUDJPY: Overbought Market & Confirmation 🇦🇺🇯🇵

Short

Dollar australien/Yen japonais (OANDA:AUDJPY)

Mis à jour

OANDA:AUDJPY Dollar australien/Yen japonais

candlestick mtfa triangle audjpy yen japaneseyen australiandollar aussie forex

Hey traders,

AUDJPY reached year's high last week.
Coiling on that the price formed a dodji candle on 3 days.

Contracting within a symmetrical triangle on 4H time frame,
this morning it was broken to the downside.

Now the price may drop lower.

Intraday supports:
84.75
84.35

For safe entries consider the occasional retest.

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Commentaire:

Check my new idea on GBPNZD:

GBPNZD: Still Bearish! Technical Outlook 🇬🇧🇳🇿

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