Forex Signals – AUD/JPY Technical Analysis and Forecasts [09-06-2020]

AUDJPY Forex Trading Signals

AUDJPY Technical Analysis and Forcasts 

Price Expected to Continue Downtrend.

Time Frame- 4H

1- Market Sentiment – Bearish.

2-Price Bounce Back at Resistance Level

Trade Setup

Position :- Short
Entry Level :- 74.60
Stop Loss Level :- 77.00(240pips)
Take Profit Level :- 70.00 (460pips)

Alternative scenario

UP Trend Maybe Continue if price break Above 77.00 which will leads to 80.00

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Note:-

Forex Trading is Highly Risky Business , do your own research and be aware of the risks and rewards. Always use Stop Loss. 

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