asilvafx

AUDJPY Possible reversal

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FX:AUDJPY   澳元/日圓
AUD as the stronger and JPY the weakest currency for the last 3weeks, this pair hit monthly high and now im looking for a correction on this pair, some possible reversal.

Trade setup,
Sell Stop @ 77.220
Profit Target @ 76.750 (47 pips)
Stop limit @ 77.500 (28 pips)

Alternative scenario,
Price close above 77.900, look for further upside as 80.00 a key level.

.. just my thoughts

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