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JAPANESE YEN / AUSTRALIAN DOLLAR

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JPYAUD trade ideas

AUDJPY - Move UP !As i posted the previous AUD/JPY post in which the head and shoulder pattern formed. It showed that price move in upward direction. This post is also basically an another opportunity to make a little bit profit. If anyone miss the Entry from the previous post entry point. here the price is little bit consolidating and it makes a pattern which gives us a one more confirmation that price will definitely move upward. As we know The Forex news In now days not releases due to festivals. So, Here is the clearly confirmation that price will up but don,t know how much time it takes to hit to the TP. And most important thing is that - first Wait for the Breakout confirmation here. then place the entry .
Long
by Hritik_Sharma_FX
Don't miss the great buy opportunity in AUDJPYTrading suggestion: . There is a possibility of temporary retracement to suggested support line (72.40). 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 uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 62. Take Profits: TP1= @ 73.10 TP2= @ 73.90 TP3= @ 75.90 SL= Break below S2
Long
by ForecastCity_EU
1