#JPYAUDSupport and resistance have been identified
The green areas are Target
Purple areas are important and strong
Time range specified
Look at the trend lines
Look at the price channel
JPYAUD
AUDJPY Short to 75.60 on 15min chartAUDJPY Short to 75.60 on 15min chart
SL and target price based on my broker spreads
you need to make sure of spreads by your broker
Bullish Flag on JPYAUD?JPYAUD appears to be forming a bullish flag. Too early to tell, but if going bullish it is usually a good idea to wait for a pull back. Waiting also gives you the opportunity see any sharp reversals and change your mind. Expecting to see a pull back/sell off because of the recent bullish activity, however if all goes as planned it will continue to rise higher and form a bullish flag.
Weekly Perspective (AUDJPY),(JPYAUD)hey guys,
The pair is consolidating by making a corrective structure to the downside we are expecting more downside on these pairs they have huge potential trade setups and the bias remains bearish.The pairs are inside a bigger corrective structure of ABC this week we are expecting a completion of wave B & from next week we would be looking to buy the wave C.
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Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
