FX.co - AUD/JPY approaching resistance, potential drop!

2020-03-26T09:14:02

Relevance until2020-03-27

Trading Recommendation

Entry: 66.013

Reason for Entry: Horizontal pullback resistance, 38.2% Fibonacci retracement, breakout level

Take Profit : 63.857

Reason for Take Profit: 63.857 horizontal swing overlap support, 78.6% fibonacci retracement

Stop Loss: 67.717

Reason for Stop loss: Horizontal swing high 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 approaching resistance, potential drop!