FX.co - AUDJPY below trendline resistance and moving average. Further drop to come!

2020-04-21T02:06:13

Long-term review

Trading Recommendation

Entry: 68.319

Reason for Entry: Moving average resistance

Take Profit : 66.505

Reason for Take Profit: -61.8% and 61.8% Fibonacci retracement

Stop Loss: 69.231

Reason for Stop loss: End of gap, 61.8% Fibonacci extension

*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 ★ AUDJPY below trendline resistance and moving average. Further drop to come!