Since August 2015 AUDJPY moves in consolidation. Last week bulls were tried to break above the upper limit of consolidation. After false breakout of resistance at 87.30 price has back to consolidation. Currently there is a huge probability of downward movement. Main target of falls is level 82.00 but nearest supports are: 85.80, 85.00, 83.00.
Position: short
- SL: 87.55
- TP 1 50%: 85.00
- TP 2 50%: 82.00
