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francesgurton

AUDJPY - Short

Short
Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
francesgurton  
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators aud jpy AUDJPY short Parallel Channel Bearish Patterns downtrend breakout
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trendanalysis chartpattern indicator aud jpy audjpy short parallelchannel bearish downtrend breakout
Possible short opportunity on AUDJPY.

Descending channel making lower lows and lower highs.

A break in the in-channel trend line will call for a shorting opportunity from the 79.95 level down to the 79.15 level.

confirmation of the break will be strong bearish closed 4H candles as well as signals from the MACD and RVI.
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