Audjpydaily
AUDJPY potential sell set-up. AUDJPY has rallied strongly and reached the previous high yesterday. However, it is possible that there could be a reversal in this area.
So, watch for bearish price action and sell with 75.50 as TP1 and 74 as TP2. SL can be put at 77.20
The above set-up will be invalid if price closes above the resistance level.
AUDJPY, SHORT AT THE DAILY?!**ENG**
Price reaching a major resistance zone at the daily timeframe, we are expecting a rejection of this level followed by a drop to our 38.6% FIB level.
**PT**
Preço quase a atingir a nossa zona de resistência no timeframe diário, estamos à espera de uma rejeição deste nível seguida de uma queda até à zona dos 38,6% do FIB.
AUDJPY / ANOTHER WEDGE!? 3000 PIPSIf we take a look at the chart previously once price broke support it made a rising wedge pattern and then fell through the floor.. I could be reaching BUT i see the same thing happening.
Looking to short to support, waiting for confirmation of a breakout
AUDJPY potential reversal!
AUDJPY expected to rise up to 1st resistance at 74.579 where it could potentially react off and drop down to 1st support at 73.854.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY Sell Set-up| TP,SL and 435 Pips TargetAUDJPY is in a trend reversal plus consolidation phase for almost a month now. However, I expect the price to make a quick bearish move very soon. Currently, the price action shows bears are gaining strength to accelerate the downtrend.
Possible Sell Signal:
Entry : 74.15-74.60
SL :75.10
TP :70.00
AUDJPY - SELLPrice bounced off support but once it breaks its a sell to the green area
It has tested this level several times today and im expecting a break tomorrow which should start a change in trend
AUDJPY - SELLPrice has now reached a key level of support, once broken it will be a sell to the green area
We can see in this chart price has tested this area several times last week before bouncing off, i believe we can get a few more short buys in before it starts to fall
ALWAYS wait for confirmation before jumping in!
AUDJPY - SELL
SL - 74.427
TP - 71.418
AUDJPYAUDJPY recap of last week's trade and weekly analysis for the upcoming week starting today May 24, 2020 to May 29,2020.
AUDJPY approaching resistance, look out for potential reversal!
AUDJPY is approaching its resistance at 70.253 where it is could reverse down to its support at 67.685.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY Upward Move In Near TermAs can be seen in the chart, I expect AUDJPY to hit the 69.700 level soon, because of a strong uptrend over the past several days, plus this pair has easily breached the previous strong resistance level of 69.200 from the month of March. I see it touching 69.700 soon.
AUDJPY Market Outlook | Daily Forex Market BreakdownHey what's up traders? Please LIKE & FOLLOW, thank you! AUDJPY is looking amazing! Keeping a close eye on this pair to see if we can stay under resistance and start pushing lower. Keeping a close eye on this pair potential shorts soon!
AUDJPY approaching resistance, look out for potential reversal!
AUDJPY is approaching its resistance at 68.566 where it is could reverse down to its support at 66.970.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY can drop to 66.50As indicated in the chart, there's a possibility of a drop to 66.50.
I have highlighted the Sell Zone with an ellipse in my chart.
AUDJPY Long! Daily Could See 71.175 Through 75.343+TrendlineNote: Idea is to complement your research.
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