we can see that the support where the one arrow is pointed has been tested so chance are it will be again and it will once again become a support,the other one is a resistance which i believe will be hit or broken so it should be your tp1 and the other price level of resistance is your tp2 but dont enter the position as you know we traders wait for confirmation.and in roughly in three hours at 12:30 los angles time important aud news will be released so we will have to watch the impact f the news the setup we want might not even occur today it might occur sometime next week.just sharing the setup
JPYAUD
so just all traders be alert this will be a very big move with serious pips to be made and this is a swing position to be held for a couple of days depending on the market volatility.and on Sunday jpy is releasing news so also that could up the volatility a little bit,also a couple of hours later aud also is releasing news,traders which want to sell can do so for some pips gain its upto u as the trader
JPYAUD
so just all traders be alert this will be a very big move with serious pips to be made and this is a swing position to be held for a couple of days depending on the market volatility.and on Sunday jpy is releasing news so also that could up the volatility a little bit,also a couple of hours later aud also is releasing news,traders which want to sell can do so for some pips gain its upto u as the trader