After going down for 285 pips from 84.20 to 81.35, today we saw some retracement for AUDJPY.
For me, i still think AUDJPY is bearish and we might see another drop soon.
Price might only retrace to complete wave-(iv). Right now we're at 38.2% fibonacci retracement.
Sell AUDJPY 82.45
Stop loss 82.85
Take profit 81.00 (3.6R)
Use only 1-2% risk
Good luck
For me, i still think AUDJPY is bearish and we might see another drop soon.
Price might only retrace to complete wave-(iv). Right now we're at 38.2% fibonacci retracement.
Sell AUDJPY 82.45
Stop loss 82.85
Take profit 81.00 (3.6R)
Use only 1-2% risk
Good luck
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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.