OANDA:AUDJPY   Australian Dollar / Japanese Yen
AUD/jpy buy, Price is retesting a major BOS on the daily timeframe as we can also see price is in a strong uptrend market. Scrolling on the 4h time frame we can see where the bearish momentum is decreasing and the market is moving side ways, on our hourly timeframe we can see triple bottoms being formed and also on our intraday timeframes we are seeing rejections. In addition, price is oversold on the hourly and lower timeframes as such we can definitely look out for a move to the upside.
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.