AUD/JPY Bullish Equities = Bullish AUD/JPY

2 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

Dear Traders,

The AUD/JPY is the best pair to compare Equities with as the excellent correlation exists on all time frames. 

At this point, the AUD/JPY wants to make a continuation move towards 69.52, daily camarilla pivot. If the market manages to close above, we should see a continuation of the confluence target, which is 69.75. We can also see the ATR projection up there. Only if the trend line breaks lower, we might see a deeper correction down as the AUD/JPY is strongly bullish.

The analysis has been done with the CAMMACD system.
For more daily technical and wave analysis and updates, sign-up up to our ecs.LIVE channel.

Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

 

Leave a Reply

avatar

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

  Subscribe  
Notify of