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Mihai_Iacob

AudJpy- Imminent break down

Penjualan
Dollar Australia / Yen Jepang (FX:AUDJPY)  
Mihai_Iacob  
FX:AUDJPY   Dollar Australia / Yen Jepang
Trend Analysis Chart Patterns Technical Indicators AUDJPY audjpyshort audjpyanalysis audjpyidea audjpysell audjpyforecast audjpysignal audjpytrade
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trendanalysis chartpattern indicator audjpy audjpyshort audjpyanalysis audjpyidea audjpysell audjpyforecast audjpysignal audjpytrade
AudJpy is in a clear downtrend and, as said yesterday, rallies towards 75 should be well caped by bears.
The pair is trading for the 3rd time in 74 zone support and I expect a breakdown sooner rather than later.
My target for short is 72.50 and I will remain bearish as long as the pair stays under 75
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