Olu

AudJpy: Showing Some Strength

Long
Olu Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
Comments on the chart. Barring any risk-averse news price could head higher
Comment:
Price is not moving up as per the idea. While the idea has not been negated it requires closer watch.
Comment:
Nice solid upmove today. Idea has been rescued and lives to fight another day
Comment:
Price moved up on friday and touched the yellow line. A breakout above this line/area could take us to the 87.00 area
Comment:
Price has broken above the yellow line as expected. Price is now bullish imho.
Trade closed: stop reached:
Price has traded back below the yellow line and so the stop was elected.
Disclaimer

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.