AUDJPY long Daily/H4 pullback after breakout

OANDA:AUDJPY   Australian Dollar / Japanese Yen
This is a potential long on the AUDJPY . Price has broken out of a fairly significant channel as shown on the weekly and daily. Price is now testing the outer channel as support. On the H4 you can see that there was fairly good bullish candle off that level and now price is making a small consolidation (as shown by the grey box on the 4 hour). Sometimes these nested consolidations can be quite powerful. I may look to enter on bullish momentum if price breaks out of this box to the upside.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out