AUDJPY: Bullish Technical Analysis
Updated
In the short term, it might be interesting to follow the 
AUDJPY pair on intraday charts. If we look at 1H time frame, the trend is bullish and should somehow manage to reach the area around 94. With this in mind, a "buy the dip" should be the correct interpretation.
Trade with care!
Like 🚀 if my analysis is useful.
Cheers!
AUDJPY pair on intraday charts. If we look at 1H time frame, the trend is bullish and should somehow manage to reach the area around 94. With this in mind, a "buy the dip" should be the correct interpretation.Trade with care!
Like 🚀 if my analysis is useful.
Cheers!
Note
Trade closed: target reached
Chart:Note
Trend is still bullishTrade closed: target reached
Target 2 hit !Note
🔴At the moment the trend still remains bullish, but the pair seems to want to form a cap (temporary?) around our Target 2. If we look up, we have a resistance area around 95.50 and potential Target 3 at 96.30. At the moment the supports are quite far away on intraday chart (dashed trendline) and from our point of view, the daily closure will be very important.📊Chart:
Note
Trade closed: target reached
Target hit!Note
It's still bullish...
🔴 Trading Room=> 🌐 patreon.com/AnonymousBanker
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.