TRADE UPDATE
Previous analysis:
AUDJPY Potential Long Signal Update


Please see original analysis linked below for in-depth explanation of our long bias.

We are still awaiting a break above and close above this red short-term down trend line on the hourly chart to execute a long position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting a move to the upside with a chance prediction of 85% or higher. Currently our algorithm is predicting movement to the upside to touch the trend line with a chance prediction of 88%, but we will continue to monitor price action and the updates from our algorithm.

See the link below for an image of our algorithm's forecast for this pair.
[img]i.imgur.com/2Y9PIer.png[/img]

If you want to receive accurate forex signals like this one check out https://www.Unique4xPro.com and get one FREE month of our algorithmic signals!
Also follow us on all of our social media:
Twitter @ Unique4xPro
Snapchat @ Unique4xPro
Instagram @ Unique4xPro
audAUDJPYAUDUSDbuyjpyLONGscalpsignalswinguptrendUSDJPY

Related publications

Disclaimer