Breakout Identified in AUDJPY

FX:AUDJPY   Australian Dollar / Japanese Yen
The Breakout Opportunities system has just sold AUDJPY at 79.163. The system recommends entering this trade at any price between 78.978 and 79.313. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.564, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high of 79.763 and a profit target has been set at the 1 Day ATR level at 78.423. The system will move the stop to the next 24-hour high every time that 24-hour high is lower than the previous 24-hour high. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
Signal ID: 63940
Time Issued: Tuesday, 26 February 2019 09:01:15 GMT
Status: open
Entry: 78.978 - 79.313
Limit: 78.423
Stop Loss: 79.763

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