TradingView
ForecastCity
Dec 21, 2020 1:12 PM

💡Don't miss the great sell opportunity in AUDJPY Short

FX:AUDJPY60
Australian Dollar/Japanese YenFXCM

Description

⋅
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (78.11).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. AUDJPY is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 30.

Take Profits:
TP1= @ 77.46
TP2= @ 76.96
TP3= @ 76.50
TP4= @ 75.42
TP5= @ 74.90

SL: Break Above R2

❤️ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!

❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?

Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.

Trade well, ❤️
ForecastCity English Support Team ❤️
Trend AnalysisChart PatternsTechnical IndicatorsaudjpyAUDJPY
Comments
DenizKilicDeniz
⋅
Great analysis!
ForecastCity
⋅
@DenizKilicDeniz, Thank you
Pro_Trader_007
⋅
Upvoted! 👌
ForecastCity
⋅
@Pro_Trader_007, Thanks 👍
Josef_anderson
⋅
I always enjoy your work. 👍
ForecastCity
⋅
@Josef_anderson, Thanks for your support. 👍
Kamryn
⋅
Nice setup 👍
ForecastCity
⋅
@Kamryn, Thanks. We hope you enjoy it.
Kristalyn
⋅
It seems to be so accurate.
ForecastCity
⋅
@Kristalyn, Thanks for your comment. Cheers 👍
More