AUDJPY - SHORT ENTRY
AUDJPY OUTLOOK
Price is currently ranging in between 92.200 (resistance) & 91.150 (support). Trades within the range is possible via the ‘bounce’ strategy, where shorts can be opened at the resistance. Should price break out of the resistance of the range, it is expected to move towards the next resistance level at the 92.900 level. Should price break out of the support of the range, it is expected to move towards the next support level at the 90.000 strong psychological level.
Since price is currently near the resistance of the range, impulse short entries are possible now.
SL will be placed above the resistance, final TP will be placed at the support of the range.
Sell entry: 92.072
SL: 92.416
FINAL TP: 91.176
Price is currently ranging in between 92.200 (resistance) & 91.150 (support). Trades within the range is possible via the ‘bounce’ strategy, where shorts can be opened at the resistance. Should price break out of the resistance of the range, it is expected to move towards the next resistance level at the 92.900 level. Should price break out of the support of the range, it is expected to move towards the next support level at the 90.000 strong psychological level.
Since price is currently near the resistance of the range, impulse short entries are possible now.
SL will be placed above the resistance, final TP will be placed at the support of the range.
Sell entry: 92.072
SL: 92.416
FINAL TP: 91.176
Dagangan aktif
Penafian
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