AUDJPY Bullish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: AJ is looking bullish but with a bit of cleaner structure so far compared to AU.
Going into this week we’re looking to maintain the overall bullish trend. We’re actually looking for new structure above recently broken resistance around 85.000
Ideally we can spot a higher low above 85.000 with strong bullish confirmations to enter long on.
Trade scenario 2: For us to consider AJ bearish we would first need to see a lower high below 85.000.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: AJ is looking bullish but with a bit of cleaner structure so far compared to AU.
Going into this week we’re looking to maintain the overall bullish trend. We’re actually looking for new structure above recently broken resistance around 85.000
Ideally we can spot a higher low above 85.000 with strong bullish confirmations to enter long on.
Trade scenario 2: For us to consider AJ bearish we would first need to see a lower high below 85.000.