June 1, 2017 Forex News: AUDJPY Shorts Favored Below 82.70

Last week we discussed the AUDJPY and the series of lower highs into key trend line support near 82.60/70. The “heavy” price action suggested a breakdown from the eleven-month level was imminent.

Sure enough, yesterday’s 82.28 close put the pair well below trend line support on a daily closing basis.

This was all we needed to begin watching for selling opportunities on a retest of the level as new resistance.

Source:
Daily Price Action
43836 Laburnum Sq Ashburn,
Virginia
20147 United States
(240) 778-3679



Do you need a classical ORGANIST or an excellent music teacher? CALL Fabian on 08033983034 or email him at agfab2013@gmail.com

If you need current information on the forex market in nigeria and Authentic Pool information, then consider visiting this site again.


Follow us on twitter @newsbeatportal

learn how to make profit from your losing bets on nairabet, bet9ja, merrybet, surebet. 07030635051
Engage #SantexTech today to build & install inverters, training on inverters & other electronic designs, projects/kits. Call 08039574535


Click to join Talk Nigeria Today, a group where hot, controversial, and breathtaking issues are brainstormed upon.

Konga Verified Blogger

Leave a Reply