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ForecastCity
Apr 12, 2019 8:52 PM

Don't miss the great buy opportunity in AUDJPY Long

Australian Dollar/Japanese YenFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line ( 79.64 ). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDJPY is in an Up Trend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 73.

Take Profits:
TP1= @ 80.720
TP2= @ 81.490
TP3= @ 82.110
Comments
fxniki
Thank you so much for sharing such a valuable opportunity to buy on AUDJPY.
ForecastCity
@fxniki, You're welcome.
Brayoh97
Thanks man.All currencies trading against the JPY are in an up trend but AUD is the most visible
ForecastCity
@Brayoh97, You're welcome. thanks for your comment on this post.
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