Forexintelligence_NA

Possible sell opportunity on AUDJPY!

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FX:AUDJPY   澳元/日元
The overall trend on this pair is faced to the downside. The pair was trading within a correction for few days and now we see that it has broken below its rising trendline. This can be a sign that bears are breaking out and this could trigger a downside momentum. I have taken short position in this market, my stop loss above the resistance level and I have two targets in mind, 93.509 and 92.235.

If you would like to take this trade with me, be advised to follow your own trading plans and rules.

Otherwise I will be happy if you support my idea with likes if you find it helpful.

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