unique4x

Buy AUDJPY on Breakout

Long
FX:AUDJPY   Australian Dollar / Japanese Yen
AUD/JPY is back to pressuring 95.950 level with the ascending triangle suggesting a break higher to extend recovery from April lows. Support now at 95.000, 94.330 and 93.300 levels. We see these levels protecting the downside and suggesting not letting any losses exceed the extreme support level.

Targets 97.100, 97.400 & 97.660 levels. We will be buyers on a break of 96.150 level. One caveat is that our algorithm is making the same prediction but only 36% odds.

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