Bullish look to AUDJPY as price attempts another test of 88.19. With RSI and TDI studies favourable the BULLS look to be in control. Resistance at 87.47 will have to be tackled to make progress.
Trade idea. Although this pair is BULLISH, resistance at 87.48, the Fib level at 87.81 and the previous high at 88.19 make this a difficult LONG trade from these levels. Look to SELL at 87.37 and wait for a pullback to go LONG.
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.