A Bat Bearish pattern was completed at 87.600 and right now price is been rejected by an important selling zone... and with the RSI showing over bought, for me it is an amazing moment for short... what do u see guys?...
Agree with your analysis when using bat pattern, However, I am in the opinion that AUD strength is still stronger than JPY as its the weakest among G7 ccy. I would only sell should the Day chart up trendline is broken. If not, I will continue to buy as the daily, weekly and monthly charts are still bullish. Just a tot that would like to share and consideration.
BethZu
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@FXPeak, so so good comment dear Vince as usual... and I agree with you... this is the reason why I am not being so generous with my sl... and my first target is not so far... so I will be careful... Thank u so much... :)