FX:AUDJPY   Австралийский доллар / Японская иена
Ticker: AUDJPY
Direction: SHORT
Entry Price: 78.82
Current Price: 78.82

Description of Chart:
I have been short AUDJPY for a while however I still think there is huge downside potential still, regardlessof how much it has declined recently. I am waiting for a touch of 74.48 to re-evaluate. But even at that price I am looking for a break below and more downside. This could be a play over the next few months, as it was when I made 2250 pips/points in GBPJPY earlier this year. We have bounced off of some major resistance on the weekly and daily charts, there has been a continuation down and we are knocking on the door of the most recent lows. Keep an eye out for the indexes on this too as we might see a further sell off in there, spx500, us30, nas100, uk100, jpn225.

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Website: www.lukelehepuu.com

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