AUDJPY is currently showing signs of bearish pressure with a strong likelihood of further decline. The formation of a double top pattern indicates a Mpossible trend reversal from bullish to bearish. In addition, the appearance of a bearish engulfing candlestick pattern reinforces the selling momentum, suggesting that the price could continue its fall toward the next support area.
Trading Recommendation:
Sell AUDJPY
Entry : 99.556
Take Profit : 99.124
Stoploss : 99.813
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
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