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AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity

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AUD/USD locks profit on short trade

Monday, March 9, 2015 9:11 AM UTC

New trend lows at 0.7684 but prices rebound intraday
There is a cluster of good resistance points in the upper 0.7700s
21 DMA at 0.7790, 10 DMA at 0.7795 and the tenkan-sen line at 0.7799
Short in play with profits locked in at 0.7795

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AUD/USD locks profit on short trade

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