AUDJPY - In Bearish Trend

123
AUDJPY is in bearish trend in daily and hourly time frame and has broken a very important Support level which I have extended back on the basis of Daily time frame. This support level has acted as SR Flip level on many occasions. There is no divergence being observed on daily or 4H time frame. I have taken entry instantly at 4H time frame. The currency index of JXP is bullish and of AXY is bearish which is also giving a signal for SHORT.

The Signal is:

EP: CMP (Followers can plan your entry by Fib retracement @ 0.382, please do your analysis as well)
SL: 97.782
TP: 95.198

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.