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FX.co ★ AUDJPY showing a trendline breakout and pullback! Further drop to come!

AUDJPY showing a trendline breakout and pullback! Further drop to come!

 AUDJPY showing a trendline breakout and pullback! Further drop to come!

Trading Recommendation

Entry: 68.883

Reason for Entry: ascending trendline resistance pull back, 61.8% Fibonacci retracement

Take Profit : 66.486

Reason for Take Profit: 61.8% Fibonacci retracement

Stop Loss: 69.689

Reason for Stop loss: Graphical swing high, 61.8% Fibonacci retracement

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