AUDJPY WEEK 39

AUDJPY WEEK 39

24 September 2014, 10:34
Ronnie Mansolillo
0
115

We see on chart that prices have tested FIBO 161.8 and bounced back. From last white dot we can say that probably we have a new bearish trend but is not yet confirmed from the current gray candle.

Volumes are trying to come out from the Overbought zone.

I do believe that on this closing bar if price breakdown FIBO 100 with exit from overbought zone will start a new big bearish trend.

Warning: what will happen to prices no one can know, that belongs to the future.

Good Luck!


audjpy 39


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