Australian Dollar / Japanese Yen
Long
Updated

AUDJPY, is it time to buy?

477
AUDJPY / 1D

Hello traders, welcome back to another market breakdown.

AUDJPY is trading in a bullish trend, the price is pulling back to the trend line, plus a major support where traders look to go long and bears look to take profit.

Checkout the chart for what I'll be waiting for.

Trade safe,
Trader Leo.
Note
*Increase in the Amounts of Outright Purchases of Japanese Government Bonds and Other Market Operation Measure.
That's very bullish for the Yen. The setup didn't hold at the zone of intrest.

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