Sunday 24 April 2016


AUDJPY H4

SHORT TERM TECHNICAL ANALYSIS

The pair is reacting on a large daily and weekly resistance zone marked by horizontal line  A.       A strong reaction off the zone can lead to a sell off into the trendline support zone marked B. Close below B can lead  retest the trendline marked C. 
Break and close of 4-hour candle above  A disqualifies the setup.




1 comment:

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