DISCLAIMER - This analysis does not warrant any immediate buy and sell. Every trader should do their analysis themselves and have proper risk management executed perfectly in accordance with their trading plan.
We are currently sitting at an uptrend as seen on the 1d timeframe. That's why it's more probable that the uptrend will continue. 4h trend lines are visible as seen on the chart. Price is above the two support trend lines giving it a greater probability for the price to go up to the next resistance trend line.
We are currently sitting at an uptrend as seen on the 1d timeframe. That's why it's more probable that the uptrend will continue. 4h trend lines are visible as seen on the chart. Price is above the two support trend lines giving it a greater probability for the price to go up to the next resistance trend line.
Note
AUDJPY has hit the resistance trend line.
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.
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.