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

1. Low
2. Double top
3. Higher low
4. Entry zone
5. 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.

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Cheers and safe trading,

Nenad