Hi folks I thought I should update all my readers on my previous AUDJPY post which you can find here . I can safely say it has broken the lower trendline that formed a wedge, I indicated in the previous post that a break of this trendline will indicate a short should be in motion very soon and we can see that the trendline break has occurred and the short has begun. I am currently in this trade right now with entry at 92.121.

Suggested Entry:

Sell at 91.884

Take profit 1 is a solid 86.62

Stop Loss is a 100 pips trailing stop or 94.000.

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