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ThinkingAntsOk
May 11, 2020 12:23 PM

AUD/JPY Corrective Move Finished by ThinkingAntsOk Short

Australian Dollar/Japanese YenFXCM

Description

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🔸 DAILY CHART EXPLANATION:
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🔸 Price made a Strong Downside Move since the beggining of the year, which has been corrected for the last weeks.
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🔸 Now, it is facing the confluence zone between the Descending Trendline and the Resistance Zone.
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🔸 We consider there is Bearish Potential from here.
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🔸 Will look for a lower timeframe bearish setup.

🔸4H CHART ANALYSIS:



Comments
Dave-FX-Hunter
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looking very good, I wish you well.
check mine
ProjectSyndicate
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thank you very much. this is good.
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