Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (84050).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. AUDJPY is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 27.

Take Profits:
TP1= @ 81.970
TP2= @ 80.620
TP3= @ 79.520
TP4= @ 78.850
TP5= @ 77.460

SL: Break Above R2

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audAUDJPYChart PatternsTechnical IndicatorsjpyTrend Analysis

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