AUDJPY Rally Base Rally
On the daily candle, there is a significant rejection,
with the current price positioned at 0.618.
We predict the price will rise initially before continuing its decline.
There are 2 buy options:
1. Buy now
- TP: 106.940 (+3)
- SL: 104.940 (50 pips)
2. Buy on breakout, must have a momentum candle
- Buy Stop: 105.700
- TP: 106.902 (+2)
- SL: 105.102 (60 pips)
with the current price positioned at 0.618.
We predict the price will rise initially before continuing its decline.
There are 2 buy options:
1. Buy now
- TP: 106.940 (+3)
- SL: 104.940 (50 pips)
2. Buy on breakout, must have a momentum candle
- Buy Stop: 105.700
- TP: 106.902 (+2)
- SL: 105.102 (60 pips)
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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.
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.