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Australian Dollar / Japanese Yen

AUDJPY H4

By Profound_Ambition
Updated
Price sitting at strong weekly support creating a higher low, where a reversal back to the upside can be anticipated this week to create a new higher high & continue the uptrend. However a break below structure support can invalidate the trend & move price back lower. The blue zone is the support level of interest for this pair..

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snapshot D1: You can see we have a potential break & retest of the downtrend line
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snapshot Moving higher quickly
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snapshot bulls moving price higher, a higher high can be anticipated next
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