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SILxx1
Jan 8, 2017 2:47 AM

AUD/KPY SHORT Short

AUSTRALIAN DOLLAR / JAPANESE YENICE

Description

AUD/JPY support held 83.70, and tested resistance 85.70. We now see price closed at 85.38 with recent engulfing candlestick, doji next to large candlestick, tk crossover: all bearish signals. good opportunity to short now for good risk:reward, or for a much safer bet, short at price 83.50, chinkou below price, or obvious bearish pennant/triangle forming.
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