AUDJPY started the week again in favour of buyers and now the price is approaching an important level of resistance.
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.
It seems to have taken your stop loss out!
What is your refreshed view on this?
We have a bearish bias... what do you think?