FX:AUDJPY   Australian Dollar / Japanese Yen
f trendline is broken then expect audjpy to be a short to create a double bottom .
if you want to play it safe you could hold it to the fib retracement 61.8.
currently waiting on price action and probably a retest if broken.
overall its a short for me.


I have this overall view on audjpy
I believe it's a good time for long, but we will see what this week brings. I've got a long trade open as I see a bullish channel. Time to play the waiting game.
reliancefx_ reubenroyal
@reubenroyal, yes I agree that’s why I’m waiting on a breakout before entry... as it stands it’s a long until it breaks the trendline
+1 Reply
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