Main Quotes Calendar Forum
flag

FX.co ★ AUD/JPY dropping nicely, remain bearish

parent
Forex Analysis:::2017-06-09T14:56:13

AUD/JPY dropping nicely, remain bearish

We remain bearish looking to sell below major resistance at 82.95 (Fibonacci retracement, Fibonacci extension, horizontal resistance) for a push down to at least 82.38 support (Fibonacci retracement, horizontal overlap support).

Stochastic (34,5,3) sees resistance below the 91% level where we expect a drop from.

Correlation analysis: Overall AUD weakness expected today with a drop on AUD/USD and AUD/JPY.

Sell below 82.95. Stop loss at 83.24. Take profit at 82.38.

AUD/JPY dropping nicely, remain bearish

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...