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BoonHooi

AUDJPY - Downtrend Channel

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
BoonHooi  
FX:AUDJPY   Australian Dollar / Japanese Yen
harmonicforex Support and Resistance Descending Channel AUDJPY
7
0
harmonicforex supportandresistance descendingchannel audjpy
AUDJPY seems to be in a clear downtrend channel. No Harmonic Pattern at this moment

Trade execution
I have a bearish bias as it is in the down trend channel. Will look for a retracement up to a resistance level to take a short, trend continuation trade.

Horizontal resistance 83.00/15
Channel resistance 83.50/70

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BoonHooi
NZDJPY - Also in a downtrend channel
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