AUDJPY – Trying to prove new highs
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AUDJPY – Trying to prove new highs
Trend: Buy / Neutral
Support/Resistance:
R4: 78.514
R3: 77.513
R2: 76.287
R1: 75.702
S1: 74.311
S2: 73.346
Price action:
Overall trade is showing buyers performance from previous weekly closing candle. At the moment price is still on bearish side. If price can break 75.702 level, then next target is at 76.287 level. Buyers will prove domination after breaking second resistance at 76.287 level and they have open area to 78.514 resistance level.
Potencial trade idea:
Bulls targets:
T1: 76.287
T2: 77.513
T3: 78.514
Bears targets:
T1: 74.311
NOTE – We are trading AUDJPY via the preferred trading setups by EliteFxAcademy
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
Use our free analysis where you have everything you need for potencial trade ideas and profit.
AUDJPY – Trying to prove new highs
Trend: Buy / Neutral
Support/Resistance:
R4: 78.514
R3: 77.513
R2: 76.287
R1: 75.702
S1: 74.311
S2: 73.346
Price action:
Overall trade is showing buyers performance from previous weekly closing candle. At the moment price is still on bearish side. If price can break 75.702 level, then next target is at 76.287 level. Buyers will prove domination after breaking second resistance at 76.287 level and they have open area to 78.514 resistance level.
Potencial trade idea:
Bulls targets:
T1: 76.287
T2: 77.513
T3: 78.514
Bears targets:
T1: 74.311
NOTE – We are trading AUDJPY via the preferred trading setups by EliteFxAcademy
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy
Disclaimer
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