AUDJPY is preparing a sell opportunity for the patient ones
Updated
This pair is dropping nicely, and it seems like it will continue after the correction is completed. Let's see if it will test the fibo 38.2.
There is strong supply - demand zone and in my opinion it will jsut test the 38.2 fibo level by a wick, but will not make a close above the zone.
Also a triangle is forming up .
There is strong supply - demand zone and in my opinion it will jsut test the 38.2 fibo level by a wick, but will not make a close above the zone.
Also a triangle is forming up .
Trade closed: target reached
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.