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DariusAnucauskas
Oct 5, 2017 8:42 AM

AUDJPY - Daily - Coming to a cool level. Watch it. Short

AUSTRALIAN DOLLAR / JAPANESE YENICE

Description

Long story short, again, watch the first trend line. We are getting closer to it.

Will it be a good support for a rebound or will just pierce through it? We will have to observe the pair when it get's there. For now, you can try to make a few SHORTs on any pullback up on the Hourly chart. The fact that it will touch the trend line, I think its true. The question is what will it do then? We'll just have to wait and see. One step at a time.

Targeting the 88 area.

Keep an eye on the price action!
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