AUDJPY: Target 1 achieved! ...and now?
Updated
Our last setup was correct, the 
AUDJPY pair completed the harmonic structure and subsequently reached our Target 1 around 93.95. Having said that, on the 1H chart we have resistance around 94.45 (swing) and then 94.95 (Target 2), and from one of these areas the pair could trigger a pullback. Unfortunately, I don't have a clear short signal at the moment, so I am waiting for some Reversal or Continuation Pattern to form.
Below, you can study and analyze our latest bullish setup:
Trade with care!
Like 🚀 if my analysis is useful.
Cheers!
AUDJPY pair completed the harmonic structure and subsequently reached our Target 1 around 93.95. Having said that, on the 1H chart we have resistance around 94.45 (swing) and then 94.95 (Target 2), and from one of these areas the pair could trigger a pullback. Unfortunately, I don't have a clear short signal at the moment, so I am waiting for some Reversal or Continuation Pattern to form.Below, you can study and analyze our latest bullish setup:
Trade with care!
Like 🚀 if my analysis is useful.
Cheers!
Note
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