Australian Dollar / Japanese Yen
Long
Updated

AUDJPY - Bullish price momentum

64
Could there be some relief in yen next week?

Weekly
- Hammer / pin bar

Daily
- Tweezer bottoms
- Double bottom formation
- RSI oversold
- ABCD move completion with strong reaction at 77.595

H4
- Bullish engulfing candle

Bullish pressure seems to be building up.
Awaiting pullback and seller failure before taking a long position

Strong support at 80.000
Note
Target 1 almost hit

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