AUD/JPY Strong Uptrend Continues Above 87.00

AUD/JPY Strong Uptrend Continues Above 87.00

AUD/JPY Technical Analysis

  • The break above W H4 is possible
  • W H5 is the target
  • W H3 is interim support

4H Chart AUD/JPY

  1. Swing 1
  2. Swing 2
  3. Swing 3
  4. Start of breakout
  5. Target

The AUD/JPY is bullish. Positive tones are surrounding the Ukraine-Russia crisis right now and we see the risk-on scenario. Markets are bullish and equities are going up. The AUD/JPY is bullish and we should see a continuation of the bullish trend above 87.00 The final target is 87.63. Buying the dips continues.

Good trading,
Nenad Kerkez

Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x