AUDJPY - Bullish price momentum
Updated
Could there be some relief in yen next week?
Weekly
- Hammer / pin bar
Daily
- Tweezer bottoms
- Double bottom formation
- RSI oversold
- ABCD move completion with strong reaction at 77.595
H4
- Bullish engulfing candle
Bullish pressure seems to be building up.
Awaiting pullback and seller failure before taking a long position
Strong support at 80.000
Weekly
- Hammer / pin bar
Daily
- Tweezer bottoms
- Double bottom formation
- RSI oversold
- ABCD move completion with strong reaction at 77.595
H4
- Bullish engulfing candle
Bullish pressure seems to be building up.
Awaiting pullback and seller failure before taking a long position
Strong support at 80.000
Note
Target 1 almost hit
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