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AUDJPY: Showing Bullish Signs!

Long
Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
ChartAddicts  
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators AUDJPY LONG priceaction Technical Analysis highertimeframes confluence
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trendanalysis chartpattern indicator audjpy long priceaction technicalanalysis highertimeframes confluence
4hr Time Frame: Reading price we can see we are testing areas of support for the third time with a double bottom formation in confluence with long wick rejection. If price is able to hold, we can see bullish movement to 84.500 and if it breaks that we can see price reach 85.500. However, if price breaks support, we must reevaluate price action. Due to the uncertainty of market fluidity, risk management is highly recommended.
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