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Short

AUD/JPY Daily Outlook

FX:AUDJPY   Australian Dollar/Japanese Yen
99 1 1
AUD/JPY             is trading near minor support 95.60 ( median line ) and any indicative break of will target 95/94.39 (161.8% retracement of 95.28 and 96.72).
The pair’s minor resistance is around 96.20 and any break of will target 96.75 (23.6% retracement of 101.35 to 95.28)/ 97.59.

CCI (50) – Sell
CCI (14) – Buy
Ichimoku- Neutral

Recommendation: Sell AUD/JPY             around 96, SL 96.75, Target 95/94.40.
I don;t think we should be shorting this pair because the RSI is way oversold. Thanks for sharing!!
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