AUDJPY: Out of the range, shorts in play

Written by Raul Lopez on . Posted in Trades & Analysis.

Its Friday, and it’s a little late, but the AUDJPY just broke through an important LT support level and this could take it to 79.34 (more than 250 pips from where the AUDJPY is trading right now):

AUDJPY
AUDJPY

Early next week I will be looking for short opportunities, it has a good potential to continue its way down to the next LT support level. We’ll see what happens early next week!

Have a nice weekend! See you next Monday!

Raul Lopez
http://www.protradingnow.com/

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
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