AUD/JPY LONG - Trending Upwards/Failed to Break Below Sup/Retest Long

Australian Dollar/Japanese YenFXCM

Description

⋅ Feb 21, 2017 4:26 PM

Taken a long position on this pair, short term trade. Price has peeked above support to make it new found resistance, and has struggled since to break back below this level. As well as this, on the daily timeframe the pair is trending upwards.

TP @ 87.439
SL @ 86.953
R/R @ 2.1

Trade closed: stop reached

⋅ Feb 22, 2017 12:48 PM

Pair came close to TP however then reversed.