AUDJPY - Bullish Bias

AUD - BULLISH
1️⃣ The positive risk tone supported the antipodean AUD.

JPY - BEARISH
1️⃣ Rising US yields weighing on the JPY.
2️⃣ Risk-on tone pressured the safe-haven JPY.

=====
Technical
=====

We are looking to buy the AUDJPY at RBS + above SMA 50 on the H1 chart.

=====
Risk to this trade
=====

Any change in sentiment could turn the pair's direction.

Trade active:

PENDING ORDER TRIGGERED