Don't miss the great sell opportunity in AUDJPY

٢٥ فبراير ٢٠٢٠

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (73.17). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDJPY is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 33.

Take Profits:
TP1= @ 72.40
TP2= @ 71.80
TP3= @ 70.90

SL: Break Above R2