Main Quotes Calendar Forum
flag

FX.co ★ AUDJPY reacting above ascending trendline support! Further rise incoming

parent
Forex Analysis:::2021-04-29T10:04:16

AUDJPY reacting above ascending trendline support! Further rise incoming

AUDJPY reacting above ascending trendline support! Further rise incoming

AUDJPY holding and reacting above ascending trendline support. A further push up above 1st support at 84.535 towards 1st resistance at 84.991 could be possible. Technical indicators are bullish as well.

Trading Recommendation

Entry: 84.535

Reason for Entry:

38.20% Fibonacci retracement, Ascending trendline support

Take Profit: 84.991

Reason for Take Profit:

-27.20% Fibonacci retracement

Stop Loss: 84.398

Reason for Stop Loss:

61.8% Fibonacci retracement

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...