AUDJPY - Buy until resistance @ 86.6

14. Jan. 2017

Here, we have a trend continuation trade until 86.6. I have been riding this for the last few days, and I don't see a reason to get out until its clear that this trade will not be breaking resistance, which I believe it won't because of weak - double top - RSI. Watch candles in the coming days to determine whether this trade will break resistance or fall into consolidation. I'm out if the latter happens.