AUDJPY: Bullish market condition

Written by Raul Lopez on . Posted in Trades & Analysis. Leave a Comment

Earlier this morning, the AUDJPY broke though an importat LT resistance level triggering a bullish market condition:

AUDJPY
AUDJPY

As long as the AUDJPY keeps trading above 79.46 I will be looking for long opportunities.

The next LT resistance level in the AUDJPY is at 82.50, and it is trading right now at 79.97 (more than 250 pips away).

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .

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