AUD/JPY has Established a Strong Support

1 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

The AUD/JPY went to 88.6 zone and established a strong support. Bounce should be happening.

79.90-80.60 is the zone where we should be seeing a bounce. Q L5 pivot also protects the bulls. Bullish bounce towards 81.70 is very possible. A close above it will make the price more bullish towards 82.90 and 84.90 as the final target. Look for buying into dips.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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