Guario

AUD/JPY ANALYSIS

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FX:AUDJPY   Dólar Australiano/Iene Japonês
Hi traders :) I'm Guario and here are some thoughts about AUD/JPY possible future price movement. As it can be seen from the chart the per is set in a very bearish trend (look at the bearish resistance trendline). Although now the pair is correcting, price reaction to the 75.515 volumetric zone and the visible Stochastic divergence, suggest us the weak of the correction and the possibility for the pair to continue its bearish trend. Also take account of possible fakeouts. Look at the chart for possible entry, stop and target levels. Write me in the comments for any question, thought or critic. Good luck :)

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