AUD/JPY further drop to be expected!

Trading Recommendation

Entry: 65.947

Reason for Entry: Ascending trendline pullback resistance, 50% and 38.2% Fibonacci Retracement

Take Profit : 64.060

Reason for Take Profit: Graphical swing low

Stop Loss: 66.374

Reason for Stop loss: 61.8% Fibonacci Retracement, Long term descending trendline resistance