AUDJPY Trend Continuation

Australian Dollar / Japanese Yen (FX:AUDJPY)

Updated

FX:AUDJPY Australian Dollar / Japanese Yen

AUDJPY appears to be continuing it's bullish bias after bouncing off it's trend support (red line).

I entered the shown trade this morning with what I believe is a conservative TP at a retest of the previous top just over 87.5.

Comment:

The pair has retested it trend support since entering. Looks like it held again. I wouldn't mind a nice quick run up to my TP from here.

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