848evo

AUDJPY Cluster Chart 10-14-16

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
1
PA bounced off the rising TL and shot up overnight hitting the upper resistance cluster. I'm expecting either price to reverse here and head back down or it may go up to the cluster at 80, but this current level is also the 1.618 extension, so it would be a good place to reverse.
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.