AUD/JPY has reached the support line connecting August and October lows in the 73.30 area. What's next?
Stock market: Apple's stock may correct
SELL 210; TP 206; SL 211.50
Apple Inc. released Q1 earnings report this week. The stock rose to the highest level since October above $215. Then, however, it met the resistance of the 78.6% Fibo retracement of the 2018 decline and formed a “shooting star” candlestick on D1. As a result, it might be time to remember that Apple’s earnings and revenue declined in the first 3 months of the year, although not as much as analysts expected. Still, the various challenges ahead allow us to expect a correction to the downside.
Notice that to trade stocks with FBS you need to open an MT5 account in your personal area.
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.