AUDJPY has been in a clear bearish trend for a while now.
With that momentum in mind, we can see a nice double-top at the support on 82.466. We can also see a rejection off of the trendline and a nice bearish engulfing for price action.
This trade should run 65 pips to the next support on 81.658.
Good luck this week traders!
With that momentum in mind, we can see a nice double-top at the support on 82.466. We can also see a rejection off of the trendline and a nice bearish engulfing for price action.
This trade should run 65 pips to the next support on 81.658.
Good luck this week traders!