AUDJPY may have strong momentum upward to test the supply zone before another drop.
however in bigger time frame still bearish and if the price closed below 87.74
will keep dropping. lets see
Enjoy the market
however in bigger time frame still bearish and if the price closed below 87.74
will keep dropping. lets see
Enjoy the market
Trade active
don't forget above the supply zone is more bullish and 90.43 is our main resistance.below supply zone will resume it's decline.
Trade closed: stop reached
I expected price drop at 90.4, didn't happen so trade (short position) closed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.