AUDJPY - DOUBLE TOP? or TREND REVERSAL??

Dollar Australia / Yen Jepang (FX:AUDJPY)

Diupdate

FX:AUDJPY Dollar Australia / Yen Jepang

trendanalysis audjpy short long doubletop trendreversal buy sell pmgai pmg

$ can go in either 2 ways it can break the resistance its at. Or it can create an "M" formation (double top) and drop down. Wait for confirmation, and make the move but overall, $ has not dropped below the monthly support (71.103) since 2008, although $ has came down to the support it only touched it and revered its trend. (71.103) has been a strong support for a while now. I believe $ will make its way to the monthly resistance (81.388). I say this is a buy.

Komentar:

meant double bottom not double top**

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.