AUDJPY holding above moving average support and 23.6% Fib retracement. MACD is above 0 as well showing room for further bullish momentum. A short term push up towards 1st resistance at 76.200 can be expected.
Trading Recommendation
Entry: 75.504
Reason for Entry:
23.6% fib retracement, moving average
Take Profit : 76.200
Reason for Take Profit:
-27.2% fib retracement, 61.8% Fib extension, descending trendline resistance
Stop Loss: 74.950
Reason for Stop loss:
50% Fib retracement ,Recent swing low
