Trade Idea
Duration: Intraday
Expires: 01/07/2025 06:00
Technical Overview
Key Technical Levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
- Type: Buy Limit
- Entry: 94.00
- Target: 95.00
- Stop Loss: 93.50
Duration: Intraday
Expires: 01/07/2025 06:00
Technical Overview
- The broader trend in AUDJPY remains bullish, with no clear signs of a top at this stage.
- A correction is possible, providing an opportunity to buy into strength without disrupting the higher trend structure.
- Short-term RSI has turned positive, suggesting momentum is starting to recover.
- A move above 94.50 will act as further confirmation of bullish continuation, supporting the push toward the measured move target of 95.25.
Key Technical Levels
- Support: 94.25 / 94.00 / 93.75
- Resistance: 94.50 / 94.75 / 95.00
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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.
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.