We have finally seen AUDJPY break out of a huge consolidation. I am waiting for AUDJPY to drop just a little further back into demand which is also where we have broke through our consolidation upside. I think we could see a nice long-term buy all the way up to around 82.000.
Very clean cut and dry analysis. There is not too much else to really look at with this pair. This is a trade IDEA and keep in mind this may not play out.
Very clean cut and dry analysis. There is not too much else to really look at with this pair. This is a trade IDEA and keep in mind this may not play out.