Audjpy Weekly chart Check audjpy Weekly chart strong resistance 72.22 & strong support 59.90, possible 72.22 price near touch & again down 59.90 near price possible.
AUDJPY trade ideas
AUDJPY DAY CHART Look guys audjpy day chart. This chart Support line 70.80 break so it's 69.23/67.70 near price come possible.
AUDJPY WITH RISING WEDGE PATTERNWe can see a clear rising wedge formation on AUDJPY and there is a very high possibility of breakout of support, if it does then there is a chance of going on SHORT on this trade and get a minimum of 500pips in your pocket
want 100 pips let AUDJPY dumpwait for break of pattern or just short from resistance.. But we are going down that's for sure
Don't miss the great sell opportunity in AUDJPYTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (69.25). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDJPY is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 32.
Take Profits:
TP1= @ 67.65
TP2= @ 66.42
TP3= @ 64.82
SL: Break Above R2
Nice PA along with TrendPrice rejected at key level and formed nice PA at key level and dynamic support (EMA) adding additional value
