Audjpynews
AUDJPY approaching support, potential for a bounce!
AUDJPY is expected to drop to 1st support at 75.140 where it could potentially react off and up to 1st resistance at 75.513.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY approaching support, potential for a bounce!
AUDJPY is expected to drop to 1st support at 75.016 where it could potentially react off and up to 1st resistance at 75.566.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY approaching support, potential for a bounce!
AUDJPY is expected to drop to 1st support at 75.201 where it could potentially react off and up to 1st resistance at 75.553.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
HAPPY MONDAY - AUDJPY - LETS GOAUDJPY is approaching a pivotal break to the
upside. Should test 50% (77.194) Fibonacci retracement
WMA 100 Tested, about to test EMA 150.
There is also a good chance price could break down
to around the 74.600 area. Wait for break down for
confirmation.
1. Watch Bottom for BUY
2. Buy More on Break
3. Take Profit around 77.194
AUDJPY FAKEOUT AND BREAKOUTAUDJPY has been travelling inside of a descending channel. Price reached a major support zone , started making its way up and even broke out of the channel to the upside until it dropped back into the channel causing a fakeout, broke below the support zone. Now we are just waiting for this newly made resistance zone to be retested before price drops to the very bottom of the channel it has been travelling in.
ENJOY YOUR PROFITS, STOP LOSSES AND TAKE PROFITS ARE AVAILABLE...
AUDJPY MAJOR SUPPORT BROKENPrice of AUDJPY opened with an extremely large gap downwards.While it did it broke below the major support zone, it has started making its way up and we expect price to go up and test the descending trendline at the 0.500 - 0.618 retracement level before dropping down to the -0.27 extension level