AUDJPY testing previous highs

38
AUDJPY has tested 96.00-50 zone since April 2014, for more than 4 months. It has finally broken above this resistance zone.

Any pullback to 96.00-50 should hold as support zone and became a buy zone. I am looking to buy near the lower end of the support zone, which is the 38.2% FIB retracement, of 95.90-96.00

Long AUDJPY 95.90-96.00
SL 95.50
TP 97.00

=====
ForexPositive.com
Twitter ForexPositive
=====

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.