AUD/JPY close to level from whicn we can open long-term Buy

AUD/JPY is moving to Key Buy Level 80.49

80.49 it is currently low. FX market respects such levels because most of the traders hide their stops under such levels. Most of the time Market markers move currency rate in such zone for getting enough Volume to move into another direction.

I will look for buy if price will make fake broke of key level 80.49 and H1 or H4 close upper It. It is too dangerous to open deal at current price because we need to look how it will react on broke of the key level.

Kommentera:

Price is close to key level. Open deal if there will be Fake brake only.