AUDJPY set to take off (Supply area - resistance is the key)
Similar to my previous AUDUSD analysis, AUDJPY also in a strong bullish structure. After a strong upside impulse on 6th of Jan 2021 we see bulls comfortably trading above 80.00 level, currently price trading in a triangle pattern which means for us an impulse is about to happen. My bias remain bullish with 82.00 (next supply area) as the next potential target.
_________________________________________________________________________________________________________________________________________
Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support
_________________________________________________________________________________________________________________________________________
Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support
