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MEX_Exchange
23 nov 2017 02:16

AUDJPY remain bullish on strong support Lång

Australian Dollar/Japanese YenFXCM

Beskrivning

Buy above 84.57. Stop loss at 83.63. Take profit at 86.67.
Reason for the trading strategy (technically):
Price is now back to support area. We remain bullish looking to buy above major support at 84.57 (Fibonacci retracement, horizontal overlap support) and we expect to see a bounce above this level to push price up to at least 86.67 resistance (Fibonacci retracement horizontal pullback resistance).
Stochastic (34,5,3) is seeing strong support above 6.1% where we expect a bounce from.
Kommentarer
thejuveniletrader
I have set my buy limit. Thanks!
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