unique4x
Long

AUDJPY Breaking Out

FX:AUDJPY   Australian Dollar/Japanese Yen
8 months ago
AUDJPY             has finally broken out of a two week triangle, lifting above 85.880 and is signaling further gains to initial target of 86.420 & 86.700 & finally 87.840. Intraday dips should attract buyers, only a move below the lower triangle trendline will the breakout be considered a failure.

Our algorithm is putting the odds of hitting price targets at 62% over the next two days, although we like to see 85% chance or more the hourly chart is supporting our analysis with an 84% chance of hitting targets. We will be buyers on a pullback to 85.920.
8 months ago
Trade closed manually: Nice run higher, we liquidated our position at 86.390 picking up about 47 Pips.
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