AUDJPY – Longs in play

Yesterday the AUDJPY broke through an important LT resistance level trigering a bullish market condition:

I will be looking for long opportunities around the green levels (ST S&R levels), at the bottom line as a retracement signal and around the top one as a breakout signal.

The next LT resistance level is way up at 85.04, we have plenty of room before the AUDJPY gets there.

Trade Safe!

Raul Lopez
Price Action

AUDJPY Analysis


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 .