AUD/JPY Incredibly Bullish Directly after Market Open

What an amazing candle here directly after the open of the market. I got alerted through an Abnormal Volatility Alert of 100eyes and for both AUDJPY and NZDJP and just opened the chart. What a rare sight, not to see an open gap, but to have the market open normally at first, and then take off almost immediately thereafter.

I am really bullish on AUD/JPY and in forex trading the trend can be really powerful. AUD/JPY Definitely just started a strong uptrend.

The main thing to look at now is this horizontal resistance. Will the bulls be strong enough to push it all the way through the resistance? Or will this be the place that the bears finally wake up and start their trading week as well?

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!