Australian Dollar / Japanese Yen
Long
Updated

AUDJPY - Bullish Bias

71
AUD - BULLISH
1️⃣ The underlying bullish sentiment in the financial markets acted as a tailwind for the perceived riskier Aussie.

JPY - BEARISH
1️⃣ Risk-on tone weighing on the safe-havens JPY.

=====
Technical
=====

We are looking to buy the AUDJPY at support + above SMA 50 on the H1 chart.

=====
Risk to this trade
=====

Any change in sentiment could turn the pair's direction.
Order cancelled
DELETE PENDING ORDER

We are entering position on NZDJPY.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.