Get started
alexkyp

AUDJPY potential BUY

Long
Australian Dollar / Japanese Yen (FX:AUDJPY)  
alexkyp  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
USDJPY is currently consolidating while AUDUSD is forming a retracement pattern for a bullish run backed up with good expectations for tonights monetary policy.
We can wait for the pair to test the monthly trendline around 78.50 and enter for a BUY position!
The downward move is protected from both the 31&50 and 200 EMA
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.