AUDJPY LONG @ Market swing trade for few days
Hi traders
This is our take on the Australian dollar Japanese Yen pair for today tuesday, 22 June from SBSTOCKS.COM
IN A NUTSHELL: following a strong downtrend last for 47 days are strong reaction reaches 38.2% Fibonacci signals a short-term reversal in the pair, however the nature of despair usually in such cases is to reach 61.8% Fibonacci which means that we still have 328 pips to gain.
Summary: A long swing might be considered for the coming few days Watch the drawing for stoploss and take profit
This is our take on the Australian dollar Japanese Yen pair for today tuesday, 22 June from SBSTOCKS.COM
IN A NUTSHELL: following a strong downtrend last for 47 days are strong reaction reaches 38.2% Fibonacci signals a short-term reversal in the pair, however the nature of despair usually in such cases is to reach 61.8% Fibonacci which means that we still have 328 pips to gain.
Summary: A long swing might be considered for the coming few days Watch the drawing for stoploss and take profit
Trade closed: target reached:
SUCCESS: +328 PIPs PROFIT
