Long term Rectangle. Resistance test. Short.

١٢ يوليو ٢٠١٨

AUDJPY is trading within a 80.500 - 84.500 Rectangle on 1D, with the price approaching the Resistance (RSI = 60.628, Highs/Lows = 0.9543, MACD = 0.040). Expecting another curve-shaped rejection (see chart) and decline towards the support. Shorting at 83.970, TP = 81.165.