AUDJPY SHORT
Updated
My analysis assumes that the YEN may rise this week and gonna be strong because of BOJ policy Rate this Friday.
Drag the Fibonacci level already passed the 61.8 % - 50 % level, after the body candle close below 50%. I would enter the position and put the stop loss just above the 61.8 % price which is around 83.200.
Just make sure to watch the margin level and trade safely!
Drag the Fibonacci level already passed the 61.8 % - 50 % level, after the body candle close below 50%. I would enter the position and put the stop loss just above the 61.8 % price which is around 83.200.
Just make sure to watch the margin level and trade safely!
Note
HIt My Stop lossNote
The Japanese Yen weakened Tuesday on news that businesses were gloomier than they had been for a year.
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