ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor AUD/JPY Long-Term Trend: Bullish
Key Resistance Levels: 85.655, 85.843, 86.000.
Key Support Levels: 85.445, 85.368, 85.254.
1-Hr Time Frame:
The price on the higher time frame failed to continue below the strong support around the 85.500 JPY mark. The market left a fake out and rebounded above the bespoke support which could lead to a further movement to the upside in the coming hours.
AUD/JPY Medium-Term Trend: Bullish
Key Resistance Levels: 85.655, 85.843, 86.000.
Key Support Levels: 85.445, 85.368, 85.254.
1-Hr Time Frame:
The price on the higher time frame failed to continue below the strong support around the 85.500 JPY mark. The market left a fake out and rebounded above the bespoke support which could lead to a further movement to the upside in the coming hours.
AUD/JPY Medium-Term Trend: Bullish
10-Mins Time Frame:
On the lower time frame, the buyers succeeded to break the bearish trend line to the upside after a double bottom formation. A lower correction could be posted to the support level to bring back liquidity before a new bullish impulsive wave toward the target profits.
Buy Limit Order @ 85.470
Target Profit 1 @ 85.655
Target Profit 2 @ 85.843
Stop Loss @ 85.285
Trade Safely 🙂
