Medium term forecast for the AUD/JPY pair using technical analys

AUDJPY presents an upward trend after touching an upward trend line for the third time, despite the low liquidity at the beginning of the session, the movement has a good target and may be a little slow, but investors work with purchase intention, maintaining price above Dragon EMA 50 and EMA 200.

SL: 104.069
TP1: 104.570
TP2: 104.581

Trade closed: stop reached:

The result of the Minutes of the RBA Monetary Policy Meeting affected the expected movement causing a change in trend, with this we hit our SL.