AUDJPY Bulls Take Control After Flag Breakout
Yesterday, during the US market open, AUDJPY aggressively broke out of this clear bullish flag pattern confirming further growth and the price has not stopped so far.
However, it is not the best price position to enter this trade now. If you have it open, you can hold it as it could rise further to 1.1420 or even higher to 1.1470.
A better way to enter this trade is if it moves back down near the 1.1290 - 1.1300 support area and from there we can see long trading opportunities.
Key Targets:
1.1350
1.1420
1.1470
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
Yesterday, during the US market open, AUDJPY aggressively broke out of this clear bullish flag pattern confirming further growth and the price has not stopped so far.
However, it is not the best price position to enter this trade now. If you have it open, you can hold it as it could rise further to 1.1420 or even higher to 1.1470.
A better way to enter this trade is if it moves back down near the 1.1290 - 1.1300 support area and from there we can see long trading opportunities.
Key Targets:
1.1350
1.1420
1.1470
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
Anulowano zlecenie
🆘Japan finance minister repeats FX warning as yen hovers around 162 -⚠️VERBAL FOREX INTERVENTION ⚠️
Japan's Finance Minister Satsuki Katayama again said the government stands ready to act on currency moves whenever necessary, as the yen continued to trade around 162 per dollar.
🚨Be careful who has LONG positions in XXXJPY pairs.
It is very risky to have LONG trades in JPY after such comments from the Bank of Japan.
Uwaga
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.