Breakout Identified in AUDJPY

he Breakout Opportunities system has just sold AUDJPY at 78.87. The system recommends entering this trade at any price between 78.678 and 78.998. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 2.252, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high of 79.38 and a profit target has been set at the 1 Day ATR level at 78.101. 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.

Signal ID: 61552
Time Issued: Friday, 01 February 2019 01:45:15 GMT
Status: open
Entry: 78.678 - 78.998
Limit: 78.101
Stop Loss: 79.380

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