AUDJPY is breaking out of the descending trendline, and if price closes above the descending trendline,
it indicates that further upside could be seen from there. MACD also signals more bullishness from there.
Trading Recommendation
Entry: 74.67
Reason for Entry:
23.6% fib retracement , descending trendline
Take Profit: 75.32
50% fib retracement
Stop Loss: 73.99
Reason for Stop Loss:
Horizontal swing low
