AUDJPY 30min Analysis December 22nd, 2020
Trade Scenario 1: Bearish - We can play a short off this 30min bearish engulfing at our previous support zone of 78.20 that has now look to be acting as resistance.
Trade Scenario 2: Bullish - If we are to look long we need to see price break above 78.20 and act as support once again. Enter on bullish engulfing/variations at or above this level.
Trade Scenario 2: Bullish - If we are to look long we need to see price break above 78.20 and act as support once again. Enter on bullish engulfing/variations at or above this level.
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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.