MEX_Exchange

AUDJPY testing resistance, remain bearish

Penjualan
FX:AUDJPY   Dollar Australia / Yen Jepang
Sell below 88.28. Stop loss at 88.70. Take profit at 87.24.
Reason for the trading strategy (technically):
Price continues to test major resistance at 88.28 (ABC Fibonacci extension, 50% Fibonacci retracement, Elliott wave corrective structure) and we remain bearish below this level for a drop towards 87.24 support (Fibonacci extension, horizontal swing low support).
RSI (34) sees major descending resistance line acting as resistance to push price down from here.
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.