To start this week
We considered two scenarios for AUDJPY
Due to the fall of the end of last week, the power of sellers is very high
But it has reached a good area now
1. We can consider this drop as a pullback and after observing the rising sign, enter the LONG position
2. If this range does not support the price, after breaking the range and pullback to it, we can enter a SHORT position.
We considered two scenarios for AUDJPY
Due to the fall of the end of last week, the power of sellers is very high
But it has reached a good area now
1. We can consider this drop as a pullback and after observing the rising sign, enter the LONG position
2. If this range does not support the price, after breaking the range and pullback to it, we can enter a SHORT position.
Trade closed: target reached
