AUD/JPY SHORT
SHORT AFTER BREAK OF COUNTER TRENDLINE
Note
Price rejected /bounced off counter trend line on weekly time frame. However there is a strong monthly/weekly resistance and a counter trend line at the 75.00 level. A break and close below medium term bullish counter trend line may see price push to 71.00 level.However interest is in short term short plays with targets at 1.27 fib extension.
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.