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Charts247TradingAcademy
Feb 20, 2020 12:20 PM

AUDJPY TIME TO SELL AGAIN Short

Australian Dollar/Japanese YenFXCM

Description

Major Trend still down, and we have seen participation at 50% retracement of the recent down-move.
Price has been trading in range since the 50% was traded.
Weakness in Yen yesterday has given this setup a nice boost.
We are short below 74.20
Stop Loss @ 74.50
Take profit @ 72.30

Trade active

short 74.20
Stop Loss @ 74.50
Take profit @ 72.30

Comment

Gift retest. Support now Resistance. 15Mins
Comments
transparent-fx
nice breakdown on audjpy, I will be making an analysis as well on it
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