michael6malone
Short

I am shorting the pair to 76.23 with a stop at 76.99.

FX:AUDJPY   Australian Dollar/Japanese Yen
17 0 2
2016Sep15 I am shorting the pair to 76.23 with a stop at 76.99. The target falls on the 78.60% fib level on the retracement.

The pair formed a double top .

The price has been trending lower.

The RSI is not in an oversold position.
Comment: Fail. My stop was a little short.
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