AUDJPY Short Term Buy IdeaD1 - Bullish trend pattern followed by a pullback.
Price respected a strong support zone and is currently bouncing higher.
No opposite signs.
H1 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Until the two strong support zones hold my short term view remains bullish here.
Audjpybullish
AUDJPY Next ResistancesAUDJPY looks to be a long term buy on the daily time frame and it will probably test a few resistances again that were set a long time ago. So for now AUDJPY remains a big buy!
What would validate a sell? Well a break of the lower range and a break of the previous resistance that just has been broken will validate a sell. So either hop on the bull train or have some patience and see if it will go back down below the broken resistance!