jerseyse410

Upper Trending + ADX of 35 - AUD/JPY 4H

Long
FOREXCOM:AUDJPY   Australian Dollar / Japanese Yen
Strong positive trend that has been in an upwards trending channel. ADX of 35 also indicates it is a strong positive trend. Areas of resistance at 86.420 and 86.876 provide plenty of room for potential profit. No lower wick on current candle indicates that price has not moved down at all from open with a strong bullish candle previous in the trend. Long position recommended with a target of 86.420 and a stop loss of 85.884.
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