AUDJPY: Important Breakout & Bullish Outlook Explained 🇦🇺🇯🇵

Long

Australian Dollar / Japanese Yen (OANDA:AUDJPY)

Updated

OANDA:AUDJPY Australian Dollar / Japanese Yen

Multiple Time Frame Analysis Flag Support and Resistance AUDJPY australiandollar aud jpy japaneseyen Forex forecast trading Technical Analysis

mtfa flagpattern supportandresistance audjpy australiandollar aud jpy japaneseyen forex forecast trading technicalanalysis

snapshot

AUDJPY broke and closed above a solid horizontal daily resistance.

After a breakout, the price formed a bullish flag pattern on an hourly time frame.
Its resistance breakout after a retest of a broken structure is a strong bullish confirmation.

I anticipate growth now to 98,2

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Trade closed: target reached:

Great winner!

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