FX.co - AUD/JPY further drop to be expected!

2020-03-17T04:34:43

Long-term review

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

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ AUD/JPY further drop to be expected!