moneymunshi

AUDJPY Prediction For Good Profit and Small Stops

moneymunshi Updated   
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Here is my Analysis of AUD/JPY

AUDJPY is currently in a Channel in The long Trend and is Bearish and Target of 74
while medium term we can see a rebound to 76.
It is Forming a Bat Pattern in The Daily chart

Here is my Trade Guide

************* 3 TO 4 Days Target*****************
1st Trade :- BUY CMP TGT 75.80 -76 SL 75.90

**************7 to 10 Days Target**************

2ND Trade :- Sell at 76.04 TGT 74 SL 76.30

************ 7 to 10 Days Target***************
3rd Trade : Buy at 74 TGT 75 SL 73.70

************************

Thanks Enjoy

Trade at your own risk
Trade closed: stop reached
Trade active:

this looks more likely to happen will have to wait and see if it holds 74.70 for a bounce or its going straight to Blue channel Trend line support
Comment:
15 Minutes Time frame has a bearish Cypher formation so will go down

Change SL to 1.9940
Comment:
sorry the last comment was meant for other chart of mine GBPNZD

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