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Men_of_The_Markets

AUDJPY ANALYSIS

Long
Australian Dollar / Japanese Yen (FX:AUDJPY)  
Men_of_The_Markets  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Beyond Technical Analysis AUDJPY audjpyshort audjpylong audjpyanalysis audjpysell audjpyidea audjpyforecast
2
0
trendanalysis beyondta audjpy audjpyshort audjpylong audjpyanalysis audjpysell audjpyidea audjpyforecast
We have this pair rejecting its previous support which has now turned to a resistance level on H4.
We see price closing up tightly and squeezing in, trying to find a breakout somewhere and move with momentum.
It would be nice see to a break above the level and a pullback to lock us in for longs. Targets would be a new high along the trend.
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