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FedericoSellitti

AUDJPY - long-term breakout?

Long
Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
FedericoSellitti  
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators AUDJPY breakout Support and Resistance swingtrading daytrading priceaction
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trendanalysis chartpattern indicator audjpy breakout supportandresistance swingtrading daytrading priceaction
AUDJPY started the week again in favour of buyers and now the price is approaching an important level of resistance.

snapshot

Price action seems to be good for a long position and we also have the setup of the moving averages that is bullish.
Risk to reward ratio is 1:3, so definitely a trade we can consider.
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