AUD/JPY Long-Term Trend: Bullish
Key Resistance Levels: 94.558, 95.496, 95.872
Key Support Levels: 93.288, 92.657, 92.079
Daily Chart:
The price on the higher time frame has recently been in an uptrend. It tested a support level of 89.766 and bounced back. The pair has broken a few resistance levels which suggests further trend continuation.
AUD/JPY Medium-Term Trend: Bullish
1-Hour Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It broke a key area recently to shift the short-term trend to bullish. As of now the pair has broken and retested a minor level of 93.288 before continuing the momentum.
Signal Idea:
Buy Limit Order @ 93.829
TP @ 84.517
Stop Loss @ 93.135
Trade Safely 🙂
