Elhadi_Bouazizi

Buy Opportunity AUDJPY: breache strong resistance level

FX:AUDJPY   Australian Dollar / Japanese Yen
The price of the Australian Japanese Yen (AUDJPY) rose today, breaching the strong resistance level 76.70, the price has been trading below this level since May of last year.

At the time of writing this analysis, the price is trading at 76.95, the breach has not been confirmed yet with the closing of the 4-hour candle and a re-test of the 76.70 level.

buy from the 75.80 areas, and the target is the next resistance level at 77.50.

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