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| AUDJPY H4 |
The trendline is resistance-turned-support. Price failed to make new highs on bounce from the trendline. This setup calls for downside. I expect the trendline to become resistance once broken.
200EMA comes aproxx mid of the area.
A Full Time Trader's Blog. The Forex and Commodities Trading with Technical and Fundamental Analysis
Tuesday, December 4, 2012
AUDJPY Short Trade
The trendline is resistance-turned-support. Price failed to make new highs on bounce from the trendline. This setup calls for downside. I expect the trendline to become resistance once broken.
200EMA comes aproxx mid of the area.
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