AUDJPY near extreme lows? sell bounces and play the range
While I want to be buying YEN this pair is very over exposed to the downside.
Very little volume of orders below the 76.2 support so a bounce here up to the resistance is my anticipated play on this. in keeping with the long established down trend i will look for sells off of a rejection of the resistance.
below the range support would be my second short target S1 - 74.571
Very little volume of orders below the 76.2 support so a bounce here up to the resistance is my anticipated play on this. in keeping with the long established down trend i will look for sells off of a rejection of the resistance.
below the range support would be my second short target S1 - 74.571
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Related publications
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.