MTPredictorUSA
Short

AUDJPY Getting Close To a Sell

FX:AUDJPY   Australian Dollar / Japanese Yen
The AUDJPY             has rallied off the DP buy signal and has reached its upside DP target. This is also a major resistance area where the tendency is for a market to begin a correction. I may miss this if it sets up today (Friday) as I don't like to trade forex on Friday's and hold over the weekend but I will re-visit it on Monday. The 96.80 area is the next major resistance and can probably be sold at that level but it is possible that we get a red sellers candle at today's close. A break below today's low, if we close with a red seller's candle today, would also be a potential short. There is a good probability that it may lead the ES ( S&P             ) lower if it does trigger short. Today's Fed speak could potentially change this picture so be aware.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out