TheAnonymousBanker

AUDJPY: Bullish Technical Analysis

Lång
OANDA:AUDJPY   Australiensisk dollar/Japansk yen
In the short term, it might be interesting to follow the AUDJPY pair on intraday charts. If we look at 1H time frame, the trend is bullish and should somehow manage to reach the area around 94. With this in mind, a "buy the dip" should be the correct interpretation.

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Kommentera:
Trade stängt: målet nått:
Chart:
Kommentera:
Trend is still bullish
Trade stängt: målet nått:
Target 2 hit !
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🔴At the moment the trend still remains bullish, but the pair seems to want to form a cap (temporary?) around our Target 2. If we look up, we have a resistance area around 95.50 and potential Target 3 at 96.30. At the moment the supports are quite far away on intraday chart (dashed trendline) and from our point of view, the daily closure will be very important.
📊Chart:
Kommentera:
Trade stängt: målet nått:
Target hit!
Kommentera:
It's still bullish...

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By Anonymous Banker
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