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Audjpybuy

100D EMA+ Broken resistance= BUY if 78.25 holdsAfter months of consolidation, AUDJPY broke out of the range last week and currently it's pulling back. I have indicated the resistance with an orange line. Right now price is retesting the line. Also,we have the 100D EMA around 79.30 which can support the price. If AUDJPY manages to bounce back up from this line, it would be good for traders to BUY between 79.30-79.50 with SL below 79.20. TPs can be set at 80 and 80.61 respectively for such trades. For more signals, ideas, and analysis, check out my signature at the bottom of this page.
Long
by TraderAvDM
AUDJPY RESISTANCE BREAK AND RETEST - DAILYAUDJPY was travelling in a horizontal channel until we saw a breakout to the upside a few days ago through the resistance zone. Price has now come back down to the 0.382 retracement level of the previous move upwards which is also where the previous resistance zone (now support) is. This indicates price is going up, but where? Our target is at the top of the descending channel (marked out in thick blue lines) it has been travelling in which nicely lines up with the -0.27 extension level
Long
by UnknownUnicorn2396129
AUDJPY BEARISH CONTINUATION SETUP Hi traders, The AUDJPY reversed from a key resistance level and broke out of an ascending trendline and support level. . Currently, the price seems to be building a three-wave ABC zigzag corrective pattern labeled wave 2, and it has the potential to move further lower towards the 75.968 and 75.000 support respectively. . We will wait for the breakout of the blue counter trend line to confirm the bearish move or breaks below the red horizontal line @ 77.907 for a more conservative entry. . Thanks for reading! Veejahbee.
Short
by Veejahbee