maktrader09

AUD JPY -Short to 73.50-73.70 region

Short
OANDA:AUDJPY   Australian Dollar / Japanese Yen
RSI descending trend line resistance met. 4 hour and 1 hour charts in over bought territory. Currently trading at previous support turned resistance level . Fibonacci Retracement level 50(0.5) reached.
Comment: Okay. For anyone out there who have seen the published chart, the pair's lowest traded price today is 73.74 Expect further drop if no major news comes out about trade or coronavirus. Next immediate resistance is at 74.00

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Okay. For anyone out there who have seen the published chart, the pair's lowest traded price today is 73.74 Expect further drop if no major news comes out about trade or coronavirus. Next immediate resistance is at 74.00
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