Australian Dollar / U.S. Dollar
Long
Updated

AUD-JPY

Weekly Structure - Downtrend

Daily Structure - Downtrend

AUD-SUD free fall until almost 0.55000. It has now time to recover a little bit on the price. On 1 hour time frame we can see now a new trend creating higher highs and higher lows.
We can see price going up and creating a new high around 0.61000.

TP1 - 0.59600
TP2 - 0.61000
SL - 0.57307
R/R - 5,4

Good luck!
Note
You can move stop loss to break even
Note
Trade Closed at break even

Disclaimer