AUDJPY SHORT WITH A TIGHT STOP, AUDUSD STILL HAS ROOM TO FALL.
Looking to sell AudJpy around 86.35/40
Stop above 86.55
Looking for a move lower, maybe toward 85 handle.
Thats the AudUsd 4h chart:
I am seeing downside potential. 0.7600 is important.
If price turns and goes back above 0.7600 this view is negated.
So a sell around 7585 or so with a stop above 7600 can be a solid play, looking for a move towards 7500
Please use proper risk management and don't overtrade.
Blessings to you all.
Stop above 86.55
Looking for a move lower, maybe toward 85 handle.
Thats the AudUsd 4h chart:
I am seeing downside potential. 0.7600 is important.
If price turns and goes back above 0.7600 this view is negated.
So a sell around 7585 or so with a stop above 7600 can be a solid play, looking for a move towards 7500
Please use proper risk management and don't overtrade.
Blessings to you all.
Comment:
Strong ADP data better to wait a little bit for the dust to settle.
Comment:
AUDUSD reached the target. I think this wave is now coming to an end. Waiting for further developments and impulses.
Blessings to you all.
Blessings to you all.
