AUDJPY: Going For a Potential Bounce!
*Update: Stopped out..
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I just initiated a long, I was waiting for a confirmation for a long following last week hammer candle, unfortunately ui didn't get that confirmation on a lower price. So i just bought on a break and retest to a horizontal resistance at 96.80 area. Also the price has broken out and settled above the 200-days SMA. Lets see how this one goes..
Trade forex with me, check my new website thefxchannel.com/ , vote and subscribe
Join me at twitter.com/thefxchannel
My best regards,
Technician
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I just initiated a long, I was waiting for a confirmation for a long following last week hammer candle, unfortunately ui didn't get that confirmation on a lower price. So i just bought on a break and retest to a horizontal resistance at 96.80 area. Also the price has broken out and settled above the 200-days SMA. Lets see how this one goes..
Trade forex with me, check my new website thefxchannel.com/ , vote and subscribe
Join me at twitter.com/thefxchannel
My best regards,
Technician
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