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asilvafx

AUDJPY Possible reversal

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
asilvafx  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators AUDJPY short SELL Forex trading
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trendanalysis chartpattern indicator audjpy short sell forex trading
AUD as the stronger and JPY the weakest currency for the last 3weeks, this pair hit monthly high and now im looking for a correction on this pair, some possible reversal.

Trade setup,
Sell Stop @ 77.220
Profit Target @ 76.750 (47 pips)
Stop limit @ 77.500 (28 pips)

Alternative scenario,
Price close above 77.900, look for further upside as 80.00 a key level.

.. just my thoughts
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