AUDJPY - are sellers showing their cards on 84.00-84.36?
Updated
Here we are on Aussie/Yen daily chart and as we can see this market is in clear down trend and now pulled back towards the old broken resistance (now acting as new support) which is nearly at 84.00-36. Looks like sellers are making their way to reach new lows from here. We will be getting in shorts after watching Daily session closing. Moreover we have good confluence reasons to support our trade scenario such as Trend, Horizontal (new) support and signal (i.e in formation, wait for NY closing).
Trade closed: target reached
Thats was a great trade! :)
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