AUDJPY appears to be continuing it's bullish bias after bouncing off it's trend support (red line).
I entered the shown trade this morning with what I believe is a conservative TP at a retest of the previous top just over 87.5.
I entered the shown trade this morning with what I believe is a conservative TP at a retest of the previous top just over 87.5.
Note
The pair has retested it trend support since entering. Looks like it held again. I wouldn't mind a nice quick run up to my TP from here.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.