Home About the company Daily reviews AUDJPY analysis 27.11.2019

AUDJPY analysis 27.11.2019

The overall trend of the currency pair is downward. The pair is trading in the range of 365 and 135 moving averages directed downwards. A start fractal formed below 135 moving average. A bearish divergence has formed on Awesome Oscillator, while Stochastic Oscillator indicator signals overboughtness.

 

Trading recommendations:

Sell at the breakout of the start fractal (73.88).

Stop Loss for the resistance level 74.11.

Target levels - 73.50; 73.07.


If the pair rises to the level of 74.11, cancel the trading plan

Author: admin
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