JFD_Research

AUDJPY - Daily - Observe the levels

FX_IDC:AUDJPY   Australian Dollar / Japanese Yen
Trade Alert

AUDJPY continues to trade within the rising channel. On a bigger picture, the pair is below the downwards moving trendline, taken from the 21st of September 2017. But we can see that AUDJPY is trying to make a move towards that trendline. We will only start considering this scenario if we see a break of the upper bound of the aforementioned channel.
For now, we continue to observe the highlighted levels, as potential breaking points, within the channel. Please see the chart for details.

Don't forget your stops.
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