AUDJPY Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Still looking bearish and this could be the break! Huge bearish momentum is seen coming off resistance around 81.400. Now we’re looking for break support at 80.750 with a lower high below.
Trade scenario 2: For us to consider AJ bullish we would need to see a break above 81.400 with a confirmed higher low above.
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Still looking bearish and this could be the break! Huge bearish momentum is seen coming off resistance around 81.400. Now we’re looking for break support at 80.750 with a lower high below.
Trade scenario 2: For us to consider AJ bullish we would need to see a break above 81.400 with a confirmed higher low above.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.