Signal_Centre
Long

Buy AUDJPY - Broken out of the channel formation

FX:AUDJPY   Australian Dollar / Japanese Yen
Trade Idea

Broken out of the channel formation to the upside.
There is scope for mild selling at the open but losses should be limited.
Bespoke support is located at 74.85.
Further upside is expected although we prefer to set longs at our bespoke support levels at 74.85, resulting in improved risk/reward.
Expect trading to remain mixed and volatile.

We look to Buy at 74.85
Stop: 74.55
Target 1: 75.70
Target 2: 76.10

Check the video for a full breakdown on the setup in the relataed ideas
FREE Telegram Group - https://t.me/signalcentre
FREE Trade Ideas - https://signalcentre.com/insight/
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out