#AUDJPY
Earlier days, AUDJPY was going down a bit due to MARKET RISK OFF. But now we see that the MARKET is somewhat MARKET RISK ON. We expect AUDJPY to bounce back UP.
Anyway, its price is moving down in the AUDJPY DOWNSIDE TRIANGLE. By BREAKING that TRIANGLE PATTERN, its price can go UP again. After that, if MARKET RISK continues to be ON, you can...
AUD/JPY has tested levels unseen since August 2015. Technical indicators are biased higher, scope for continuation of the bullish run. Next major bull target lies at 76.4% Fib retracement at 94.68.
Price action has spiked past 200-month MA raising scope for further gains
The pair has broken above 61.8% Fib retracement at 88.02
Stochs and RSI are sharply...
#audjpy, pair smart money covering short positions in aud, audjpy weekly forming higher high and higher low. aud & nzd strongest pairs across the board. split risk into two positions by dividing half equally 83.40 & 82.40 stop loss 81.90, target: 84.90
audjpy forming lower low and lower high on daily bars, 84.00-40 supply zone for short. initial target 82.40 if breaks and hold below then next target would be 81.30
