FX.co ★ AUDJPY showing a trendline breakout and pullback! Further drop to come!

Trading Recommendation

Entry: 68.883

Reason for Entry: ascending trendline resistance pull back, 61.8% Fibonacci retracement

Take Profit : 66.486

Reason for Take Profit: 61.8% Fibonacci retracement

Stop Loss: 69.689

Reason for Stop loss: Graphical swing high, 61.8% Fibonacci retracement