WEEKLY ANALYSIS AUDJPY!! BREAKTHROUGH OF RESISTANCE (LONG SETUP)
Good day traders, I hope you all have a pleasant weekend and ready for the market ahead. Wish you all have a great trading!
AUDJPY has been going through a rather bullish week. Price has broke above the symmetrical triangle and it is a confirmation of bullish trend. And currently the price has broke above the resistance (neckline from previous head and shoulder) and which indicated strong AUD.
We will be looking for long setup at 74.61 which is to retest the previous resistance.
Always trade with trend and have a good risk reward setup. Aim for a long term consistent profit!
AUDJPY has been going through a rather bullish week. Price has broke above the symmetrical triangle and it is a confirmation of bullish trend. And currently the price has broke above the resistance (neckline from previous head and shoulder) and which indicated strong AUD.
We will be looking for long setup at 74.61 which is to retest the previous resistance.
Always trade with trend and have a good risk reward setup. Aim for a long term consistent profit!
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