1HR AUD JPY bullish
AUD JPY
1HR
Current bias is bullish
Price is currently creating a new pullback with a doji above the bullish engulfing. This is a possible pullback/temporary as price may get stopped at the neckline inside the 1 HR resistance. This is the same area where price had been pushed down from breaking the resistance since earlier today.
The TP area between 1HR and 4 HR zone was broken and retested on separate weeks (yesterday and last week’s).
Waiting to see the next candle to break 4hr resistance to confirm the current bullish bias.
1HR
Current bias is bullish
Price is currently creating a new pullback with a doji above the bullish engulfing. This is a possible pullback/temporary as price may get stopped at the neckline inside the 1 HR resistance. This is the same area where price had been pushed down from breaking the resistance since earlier today.
The TP area between 1HR and 4 HR zone was broken and retested on separate weeks (yesterday and last week’s).
Waiting to see the next candle to break 4hr resistance to confirm the current bullish bias.
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