AUDJPY - Drifting after breakout

After breaking out from the channel, AUDJPY is drifting and if it manages to go under the blue zone and make a retest we can make an entry.

Targets would be around 66.120 and 65.360, giving us between 4 and 5:1 R/R considering the stop loss above the last move, around 69.100.

A plus is the JPY being a strong currency during these risky times, that can help this trade development.

Yorum:

Put stops below entry point.