AUDJPY 1hour Analysis December 3rd, 2020
AUDJPY Long
Price is forming a corrective structure on the 1h timeframe. Wait for price to retest the weekly zone and previous resistance zone at 77.0. Enter on bullish momentum/variation. We can wait for price to break and retest the resistance trendline on lower timeframes.
Price is forming a corrective structure on the 1h timeframe. Wait for price to retest the weekly zone and previous resistance zone at 77.0. Enter on bullish momentum/variation. We can wait for price to break and retest the resistance trendline on lower timeframes.
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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.