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

2020-04-23T08:22:51

Relevance until2020-04-24

Trading Recommendation

Entry:68.566

Reason for Entry: horizontal swing high resistance, 78.6% fibonacci retracement

Take Profit : 66.970

Reason for Take Profit: 100% fibonacci extension, 50% fibonacci retracement and horizontal pullback support

Stop Loss: 68.898

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!