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theforexarmy

AUDJPY on major support, time to buy!

Long
Australian Dollar / Japanese Yen (FX:AUDJPY)  
theforexarmy Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY audjpylong
0
0
audjpy audjpylong
Price is right above major support at 79.02 (Fibonacci retracement, Fibonacci projection, horizontal pullback support) where we expect a bounce and a push up to the 79.98 level.
RSI (55) is on pullback support signalling a bounce is impending from here.
Comment:
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Trade closed: target reached:
Closing the trade in profit. Don't want to risk a reversal below previous high haha.

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theforexarmy
EURJPY on major support, time to buy!
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