72.074 - 72.403 Add to Watch List Signal ID: 70745 Time Issued: Thursday, 27 February 2020 00:04:15 GMT Status: open Entry: 72.074 - 72.403 Limit: 71.681 Stop Loss: 72.796
The Breakout Opportunities system has just sold AUDJPY at 72.205. The system recommends entering this trade at any price between 72.074 and 72.403. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 8.748, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high of 72.996 and a profit target has been set at the 1 Day ATR level at 71.681. The system will move the stop to the next 24-hour high every time that 24-hour high is lower than the previous 24-hour high. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.