AUD JPY 15 min
15 min
AUDJPY
Price has created new LHs and LLs while moving within the zones in the last two days.
Price is currently at a bullish engulfing candle that sits on the support just on top of a bullish OB.
If the current candle continues to go higher than the 0.75 fib level that confirms bullish move. The 75 fib level area is an important area/zone due to being retested so many time.
The bullish move may just be temporary as it may continue to push up to the area below the neckline which is also a bullish OB or further up to retest resistance. From there price may returns bearish due to moving within zones/ranges.
AUDJPY
Price has created new LHs and LLs while moving within the zones in the last two days.
Price is currently at a bullish engulfing candle that sits on the support just on top of a bullish OB.
If the current candle continues to go higher than the 0.75 fib level that confirms bullish move. The 75 fib level area is an important area/zone due to being retested so many time.
The bullish move may just be temporary as it may continue to push up to the area below the neckline which is also a bullish OB or further up to retest resistance. From there price may returns bearish due to moving within zones/ranges.
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