Short AUDJPY Short

Australian Dollar/Japanese YenFXCM

Description

⋅ Oct 9, 2017 9:05 AM

Several factors indicate a downtrend for AUDJPY for the next week or so
- weekly MACD divergence
- bearish weekly candles
- break in trend line
- price below 2H 200SMA
- 4H EMA crossed to the downside

Trend Analysis