Short AUDJPY Short

Australian Dollar/Japanese YenFXCM

Description

⋅ Apr 13, 2015 3:00 PM

AUDJPY is forming a lower high in a descending channel. I favour new shorts but stop distance is wide , so trade small..

More arguments support the decision :
1. Below Kumo
2. Below 200 MA
3. Below Tenkan sen line

AUDJPY

Comments

Realisto_FX

⋅ Apr 15, 2015 4:46 AM

UPDATE : Move stop to 91.6