jannogdp

AUD/JPY - Channel Retesting Support/Resistance

Long
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Hi traders,

Here, on the AUD/JPY 1 hour chart, we have an upward trend continuing in the channel. It just hit previous resistance at 83.222 to retest and to make previous resistance support.

If the candle closes above the new support (83.222), I am expecting the price to continue upwards in the channel.

Please like and follow for more.

Also comment your thoughts.
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.