This week AUDJPY broke out of the range to the upside. The price is currently at the weekly target. Given that it's Thursday and the end of the week is approaching, a possible take profit could occur from now until the end of Friday.
Support is at the previous resistance price level of 94.830, which is now the future buy zone. I will wait for the price to drop to this level before considering a long position.
Support is at the previous resistance price level of 94.830, which is now the future buy zone. I will wait for the price to drop to this level before considering a long position.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.