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AUD/JPY The Scope for the Next Target is Open
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The AUD/JPY is having an uptrend. A move straight off the zone should be lasting for at least intra-week.
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AUD/JPY Technical Analysis
- Uptrend continues
- Good R:R
- M H3 is the next target
- 93.42 needs to break
- Buying on the dips
Daily Chart AUD/JPY
- Low
- Double top
- Higher low
- Entry zone
- Target
The AUD/JPY is having an uptrend. A move straight off the zone should be lasting for at least intra-week. I have 2 entries 93.00 and 93.40 targeting 94.13 and possibly 95.33. Watch for the breakout and the move further up. Equities might follow up, namely the SNP500.
For a look at all of today’s economic events, check out our economic calendar.
Cheers and safe trading,
Nenad
About the Author
Nenad Kerkezcontributor
M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.
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