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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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AUD/JPY reacting below resistance, potential drop!

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Trading Recommendation

Entry: 74.230

Reason for Entry: 50% Fibonacci Retracement

Take Profit : 73.680

Reason for Take Profit: 78.6% Fibonacci retracement, 100% Fibonacci extension

Stop Loss: 74.850

Reason for Stop loss:

horizontal swing high resistance

The material has been provided by InstaForex Company - www.instaforex.com