Good day, snipers. Here in the AUD/JPY, I really believe that the Yen has a strong potential to climb higher, specially when Australia has 5 million people back in lockdown, so I am expecting a downfall to the AUD. In technical terms, price seems to respect the short term support and the 38.2 Fib Level, and also bounces off the long term support found in the Monthly time frame.. We are also at the bottom of an uptrend trend line that has started in the daily time frame.
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Follow me on tradingview for more ideas and sniper entries. If you liked this idea please click that thumb's up.
Ideas posted are not financial advise, but merely just to give insights and education for traders.
Past performances do not determine future gains.
As sniper traders, we tread carefully, then we take shots immediately.
Join the discussion down below.