AUDJPY is testing the 1st support, potential for more upside!

Long

Australian Dollar / Japanese Yen (FX:AUDJPY)

FX:AUDJPY Australian Dollar / Japanese Yen

trendanalysis harmonicpatterns chartpattern aud jpy audjpy forexsignals

AUDJPY is testing the 1st support , where 38.2% Fib retracement and horizontal graphical pullback are. Price could bounce from this level towards our 1st resistance where the horizontal swing high is. It is worth noting that price is trending above both support lines.

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