Olymp_Trade

Short position in AUD/JPY if the pair breaks the level 79,80

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
There are several signals to sell on working 4H TF. At first - we see that MACD lines intersected each other, Williams %R started returning from overbought zone into the working zone, Parabolic SAR reversed. On higher 1D TF the pair tested 200-EMA and started bouncing back. 'Evening star' pattern appears. If the pair breaks the level 79,80 it will be possible to open shorts till 79,10.

Fundamentally - pay attention to the news on Wednesday - Japanese trade balace is published at 11-50 p.m. GMT
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