Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
AUDJPY: Breakout & Demand Zone
Australian Dollar / Japanese Yen
Long
AUDJPY: Breakout & Demand Zone
By NovaFX23
Follow
Follow
Sep 23, 2024
3
2
2
Sep 23, 2024
AUDJPY has successfully broken above a key horizontal resistance level and a significant descending trend line.
This breakout has created a widening demand zone.
I expect a bullish movement to begin from the highlighted blue area, targeting 99.30.
Supply and Demand
Support and Resistance
Trend Lines
NovaFX23
Follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.