AUDJPY Weekly

1 March 2017, 16:21
Vlad Brykin
0
64

AUDJPY has retraced to the 50% Fibonacci level on the weekly time frame, holding on resistance.

I am looking at a market execution sel.

A stop loss can be placed above the recent high at 102.765 and take profit at 72.290

On the daily we are currently testing a resistance / supply zone, further confirming the sell.

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