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Profound_Ambition
Oct 11, 2020 4:56 PM

AUDJPY 8H 

Australian Dollar/Japanese YenFXCM

Description

Price has made a clear breakout of the descending trendline, along with resistance structure. Now that a new higher high has been made, will be watching for a pullback to retest previous resistance as new support to create a higher low. From there, will be looking for a continuation higher to create a new potential higher high next.
Comments
FXCM
Very nice chart, but we have different views on this pair! Check it out and let me know what you think!
Profound_Ambition
@FXCM, Nice work, I am also looking to see how price react at your sell entry area
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