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DylanMorgan
Feb 5, 2017 12:13 AM

MACD Divergence and Pattern Setup On AUDJPY Short

Australian Dollar/Japanese YenFXCM

Description

There is divergence on MACD and we have a pattern setup. Look for a sell at the top and see if we get a break at the bottom. Good luck to all

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Price has finally reached my area which I have been watching out for. There seems to be a nice reaction to the area so I am expecting another wave down.
Comments
MtxTrader
Be careful with this one...AU has room to go up more, indicating some AUD strength. The JPY pairs move somewhat in sync. this may go up to the previous high.
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