FX.co - AUD/JPY testing key support, bounce expected!

2020-03-18T07:43:33

Long-term review

Trading Recommendation

Entry: 64.060

Reason for Entry: Graphical swing low

Take Profit : 65.947

Reason for Take Profit: Descending Trendline resistance, 50% and 38.2% Fibonacci retracement and 61.8% Fibonacci extension

Stop Loss: 63.059

Reason for Stop loss: -27.2% Fibonacci retracement

*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 testing key support, bounce expected!