Here we have AUDJPY on the daily time frame. Last week price failed to make the quarter transition from quarter level 80.0-82.5 into 82.5-85.0. Also a strong point of former resistance.*
We saw a strong bearish engulfing candle to end the week on Friday, and that leads me to believe we will be re testing major level 80.0 this coming week.
We will monitor price action and see what this week has to offer.
Trade at your own risk. I am not qualified to give investment advice.
Happy trading :)
~TraderTrev
We saw a strong bearish engulfing candle to end the week on Friday, and that leads me to believe we will be re testing major level 80.0 this coming week.
We will monitor price action and see what this week has to offer.
Trade at your own risk. I am not qualified to give investment advice.
Happy trading :)
~TraderTrev