FX:AUDJPY   Australian Dollar / Japanese Yen
Ticker: AUDJPY            
Direction: SHORT
Entry Price: 78.82
Current Price: 78.82

Description of Chart:
I have been short AUDJPY             for a while however I still think there is huge downside potential still, regardlessof how much it has declined recently. I am waiting for a touch of 74.48 to re-evaluate. But even at that price I am looking for a break below and more downside. This could be a play over the next few months, as it was when I made 2250 pips/points in GBPJPY             earlier this year. We have bounced off of some major resistance on the weekly and daily charts , there has been a continuation down and we are knocking on the door of the most recent lows. Keep an eye out for the indexes on this too as we might see a further sell off in there, spx500             , us30             , nas100             , uk100             , jpn225             .

You can view all of my charts on my website if you are interested in a certain product. I also run a PAMM account that you can join, it is where you invest into an account managed by myself and I make the trades to make you profits.

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