CarterKyleCapital

AUDJPY SELL SWING Potential Move Coming

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CarterKyleCapital Uppdaterad   
FX:AUDJPY   Australiensisk dollar/Japansk yen
The AUDJPY is showing a potential rejection of the 76.00 level which is a daily pivot area. With the stoch in the SELL zone and I am looking for a counter trend line break around this level. If the market keeps climbing and uses the 76.00 around as support look to BUY up to the 77.50 area and sell down to the 72.50 pt 1 area down to the 67.50 area pt 2. Stop should be above the 76.00 area around 76.50 making the risk reward around a 1 to 3.

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