POSSIBLE AUDJPY short SETTING UP
Month Support held at the 81.500 level, strong bullish close of the previous Week's candle momentum heading higher towards the key Week resistance level of 84.300. Further Day resistance is just above this level at 84.500. Looking for a fail of the 84.500 area before entering a short position
1.2RR Trade
Sell limit 84.500
Stop 85.100
Target 83.900
1.2RR Trade
Sell limit 84.500
Stop 85.100
Target 83.900
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.