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AUDJPY: Remains Bullish until above 72
Australian Dollar / Japanese Yen
Long
AUDJPY: Remains Bullish until above 72
By moneytize
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Jun 12, 2020
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Jun 12, 2020
AUDJPY has bounced from the critical support around 72 and the following factors show us upward continuation:
1. Higher highs & Higher Lows
2. Bullish Hidden under formation on 12H chart
3. Bullish Divergence coming in play on 4h chart
Action Plan: Buy once it establishes support above 74.50 with the successful re-test, aiming for the first target at 77 followed by 80.
GOOD LUCK FOR YOUR TRADES !!! PLEASE SHOW YOUR SUPPORT IF YOU LIKED THE IDEA
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