AUDJPY 4hour Analysis February 6th, 2022
AUDJPY Bullish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: We are looking bullish here on the 4hour as we saw a recent break of our 81.500 resistance.
From where we are now we need to see a few confirmations before we can enter long. Look for strong bullish conviction candles off our new 81.500 support levels.
Trade scenario 2: For us to consider AJ bearish we would need to see a break of 81.500 again with a lower high below.
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: We are looking bullish here on the 4hour as we saw a recent break of our 81.500 resistance.
From where we are now we need to see a few confirmations before we can enter long. Look for strong bullish conviction candles off our new 81.500 support levels.
Trade scenario 2: For us to consider AJ bearish we would need to see a break of 81.500 again with a lower high below.
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