TradingView
SBSTOCKS
Jan 26, 2016 9:56 PM

AUDJPY LONG @ Market swing trade for few days Long

Australian Dollar/Japanese YenFXCM

Description

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

Trade closed: target reached

SUCCESS: +328 PIPs PROFIT
More