OANDA:AUDJPY   Australian Dollar / Japanese Yen
Hello Traders

Here is our analysis on AUDJPY. Please drop a comment and question below.

1. Dynamic key level acting as both support and a resistance.
2. Short term uptrend pull back to 50% Fib Level
3. Double Top Formation

What is our idea?
To sell the breakout of the short term uptrend line with our entry rules and RR.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.