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EliasMerhi
Aug 16, 2017 6:46 AM

AUDJPY 8/16/17 

Australian Dollar/Japanese YenFXCM

Description

Weekly: clear Higher highs and higher lows being created.
rejection of the 88.00 Weekly level
Daily: counter trend line formed, broke to the bullish side
4 Hour: EMA have crossed as well as counter trend line
clear higher highs and higher lows being formed.

expecting a push to the 88.00 level area which is our monthly resistance, and from there we are expecting a higher push about the previous higher high. expecting the next weekly resistance to the 91.00 level

Trade active

Flying

Trade closed: target reached

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