AceTradingAcademy

Ace Trading Academy - AUDJPY Ascending Channel

FX:AUDJPY   Australian Dollar / Japanese Yen
Hi traders, What do you think about AUDJPY?

What I see AUDJPY doing right now is following an Ascending Channel. AUDJPY has tapped the Daily support zone pushing upwards now creating higher highs and higher lows. It is pushing in an upward channel where the highs and lows are tapping the upper resistance line and the lower support line. Looking for trade opportunities inside the channel until there's a break from it. Once the chart breaks look for a retest and a move from that point.

Ace Trading Academy
Trade active:
AUDJPY has hit the Ascending Channel Support Line. Looking for an upward push from that point.

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