Trade Idea
Duration: Intraday
Expires: 27/06/2025 06:00
Technical Overview
Key Technical Levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
- Type: Buy Limit
- Entry: 94.00
- Target: 95.00
- Stop Loss: 93.50
Duration: Intraday
Expires: 27/06/2025 06:00
Technical Overview
- The broader trend in AUDJPY remains bullish, with no technical evidence of a top forming.
- A short-term correction is likely, creating an opportunity to buy into support near 94.00, where a Buy Limit is set.
- Short-term RSI has turned positive, and a break above 94.50 will likely confirm renewed bullish momentum.
- The measured move target sits at 95.25, though the trade targets a more conservative 95.00 resistance zone for intraday execution.
Key Technical Levels
- Support: 94.25 / 94.00 / 93.75
- Resistance: 94.50 / 94.75 / 95.00
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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.
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.