Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (84.480).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 48
Take Profits:
TP1= @ 84.230
TP2= @ 83.970
TP3= @ 83.740
TP4= @ 83.440
TP5= @ 83.020
SL: Break Above R2
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đ36 Forex Pairs
đ175 Cryptos
đ16 Stock & Currency Indices
đGold,Silver,Oil,Gas
â Best Profitable Trading Strategies
â in 9 languages
â since 2007
FREE Telegram đ t.me/forecastcity_com