AUDJPY – Downward pressure

The AUDJPY reached the LT resistance level around 78.79:

AUDJPY
AUDJPY

As you can see, there is plenty of downward pressure just when the AUDJPY reached the LT resistance level. Could it be time to look for short opportunities?

I’d wait for tomorrow to get the medium term AUDJPY reversal confirmation.

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

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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 .