AUDJPY - Week 45 - 2015

AUDJPY - Week 45 - 2015

4 November 2015, 12:21
Ronnie Mansolillo
0
820

The pair Trend is Bearish on both Monthly and Weekly time frame. Actual price is ranging around FIBO 61.8 Level on both time frames. On Monthly time frame price bounced on the 200 LMA. Suggestion to stay neutral. A breakdown of the 200 LMA at 85.000 may open to new downtrend scenarios with first target at 81.000 on FIBO 50 and second target at 75.000 on FIBO 38.2.

Happy trading & Good Luck

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