Australian Dollar / Japanese Yen
Short
Updated

I am shorting the pair to 76.23 with a stop at 76.99.

32
2016Sep15 I am shorting the pair to 76.23 with a stop at 76.99. The target falls on the 78.60% fib level on the retracement.

The pair formed a double top.

The price has been trending lower.

The RSI is not in an oversold position.
Note
Fail. My stop was a little short.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.