The price of the
AUDJPY
has gone upwards reaching a major point of resistance, where we can be looking at a short opportunity
The area has been tested around six times, so it has a huge psychological value
We recommend not to shoot for extension targets, just retracement targets because an extension target would have to go lower than the brexit lower shadow.
Remember Eyes on your mind, not on your trade
Cortes Team
Thanks
AUDJPY
has gone upwards reaching a major point of resistance, where we can be looking at a short opportunity The area has been tested around six times, so it has a huge psychological value
We recommend not to shoot for extension targets, just retracement targets because an extension target would have to go lower than the brexit lower shadow.
Remember Eyes on your mind, not on your trade
Cortes Team
Thanks