AUDJPY Short

30 mag 2024

We can see that AUDJPY has made a double top, and currently has broken the upward trend, i am currently in a short position with targets at 102.857, it is important to observe whether prices would rebound off 103.500 with previous double bottom making the current drop a possible triple bottom

30 mag 2024

Trade attivo

will it break the previous double bottom?

30 mag 2024

Trade attivo

1h candle has break through previous double bottom support

30 mag 2024

Trade chiuso: obiettivo raggiunto

we see a strong rejection on the double bottom

30 mag 2024

Nota

currently it seems that AUDJPY is trading within the zones of the double top and bottom

30 mag 2024

Nota

while all other yen pairs give bearish sign such as a strong 1h rejection candle, I would personally not trade AUDJPY as the reasons above, it seems to be trading within 103.474-104.564, it would be important to be patient as inflationary pressures for Australia is still relatively strong