Expect trend to resume soon

FX:AUDJPY   Australian Dollar / Japanese Yen
513 5 3
Good area for shorts , what we have is :

  • Cluster of resistance
  • 38.2 retracement
  • 50 days moving average
  • Stochastic in overbought
Well done eagletrades :-)

I agree. But I am waiting for price to break Kijun Sen at 91.758 and then shoot for Fib extension targets...
Hi, the hidden MACD divergence has not played out yet. While normal Stoc is having a triangle
another daily red bar would be good for higher degree of confidence to short

IvanLabrie jangseohee
Indeed, other than that, possibly a good setup!
EagleTrades jangseohee
Nice chart there, Looking good for a short
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