Bears in Control on The AUDJPY?
Last post: March 27th. See chart.
Review: Price had bounced off resistance and was showing strong signs of weakness.
Update: Price has continued to weaken and is now trading below the daily 50sma.
Conclusion: Still applying patience until the support ahead that includes 80.000 is cleared before placing short trades.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Review: Price had bounced off resistance and was showing strong signs of weakness.
Update: Price has continued to weaken and is now trading below the daily 50sma.
Conclusion: Still applying patience until the support ahead that includes 80.000 is cleared before placing short trades.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
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