Key Resistance Level reached on 4H AUDJPY Chart
A key resistance level has been hit by the AUDJPY.
This resistance level was set a year ago as seen from the chart.
I would definitely keep an eye out on this pair to see whether price would break out and push further up to the next key resistance or whether it would get horribly rejected and into a downtrend.
Thank you for reading and happy trading!
Disclaimer:
I am not a professional trader, financial/investment advisor, broker and/or dealer. The idea above is strictly based on my opinion and should only be used for entertainment/educational purposes only. Do conduct your own due diligence and do not act solely based on any information conveyed in this Trade Idea.
This resistance level was set a year ago as seen from the chart.
I would definitely keep an eye out on this pair to see whether price would break out and push further up to the next key resistance or whether it would get horribly rejected and into a downtrend.
Thank you for reading and happy trading!
Disclaimer:
I am not a professional trader, financial/investment advisor, broker and/or dealer. The idea above is strictly based on my opinion and should only be used for entertainment/educational purposes only. Do conduct your own due diligence and do not act solely based on any information conveyed in this Trade Idea.