AUDJPY Sell 400 Pip Opportunity
AUDJPY retested Resistance zone and looking for a corrective drop.
Indicators:
Pair is currently overbought and at a strong Resistance level.
Weekly RSI in a strong sell zone
Up trend line has broken, retested, and bounced off the back indicating downwards movement.
Entry:
1. Current price area
2. Wait for retracement on shorter time frame at 75.80 area
TP at next support at 72.00 area
Good luck trading!
Charles V
CVFX Management
cvfxmanagement.com
cvfxwealth
Indicators:
Pair is currently overbought and at a strong Resistance level.
Weekly RSI in a strong sell zone
Up trend line has broken, retested, and bounced off the back indicating downwards movement.
Entry:
1. Current price area
2. Wait for retracement on shorter time frame at 75.80 area
TP at next support at 72.00 area
Good luck trading!
Charles V
CVFX Management
cvfxmanagement.com
cvfxwealth
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