AUDJPY temporary short

28 thg 5, 2020

As we seen on the chart we can consider that the price is on the money zone and there is less momentum for buyers, so it could lead to a temporary downtrend. We should closely monitor the chart for rejection and retest, then we can go for short. If the price breaks its resistance then this analysis should be reversed. Please use strict money management and don't use more than 2% of your balance. Thank you. Happy trading guys.