AUD/JPY – Sell below 79.28

Screenshot_1.jpg

Rising trend line breached, head and shoulder neckline at 79.25. Bearish break would expose the next rising trend line support.

Not a good sign, since the pair is often viewed as a risk barometer.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s