A nice short setup for AUDJPY Short

FX:AUDJPY240

Australian Dollar/Japanese YenFXCM

Description

⋅ Oct 22, 2018 10:45 AM

We are looking to sell AUDJPY for the short term once it breaks the trend line.

Comments

FXCM

⋅ Oct 23, 2018 9:23 AM

Thanks for sharing, I agree with your idea and am bearish view on AUDJPY as well. I have identified a resistance level that is a horizontal pullback resistance which coincides with the 38.2% fibonacci retracement.
Glad that we have the same bias on AUDJPY

WeTradeWAVES

⋅ Oct 23, 2018 5:45 PM

@FXCM-EDU, Thanks for liking our Charts and appreciate for your comment. I am glad we both are on the same page perhaps taking profit at 78.2 would be a good idea.