Forecast – BEARISH
Date Posted: 24 Jan 2020
Currency Pair: AUDJPY
Current Rating: SELL
Forecast Move: DOWN
Key Tech Level: 75.27
Trade Action: SELL RALLY
Stop Loss 75.42 -27 pips
Take Profit 74.15 +100 pips
Chart & Forecast Details
The Aussie dollar has already started to slide lower and the AUDJPY is going with it. The Chinese Virus scare is starting to push USDJPY lower and I can only see this escalating.
We just need a slight rally back towards the trendline/Cloud to get in at the right level.
Key Trade Day: Friday 29th Jan – Aust CPI
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