AUDJPY analysis
AUDJPY Analysis: AUDJPY was showing bearish pressure from last few weeks and market structure was bearish as was explained in previous analysis . However, price was not able to break trend line and 84.028 support level . Currently price again seems in bullish trend . If price breaks 85.097 resistance and candles closes above that level full body bull candles we will look for buy trades . Once price breaks 84.028 resistance level on retracement back to same level I will be taking buy trade and my first target will be previous high and resistance level 85.763 and swing target around 86.5000 .
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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.