4H Analysis on AUDJPY

Updated
Hello traders. On this 4H analysis of AUDJPY, we have an ascending channel setup. Price has just recently tested the 90.500 support region in the channel, providing us with a good entry point. We now await a good entry reason. A good place where price may go next would be to the resistance level in the 93.000 region.
Trade closed: target reached
4hAUDUSDlongpositionParallel ChannelparallelchannelsTrend Analysis

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