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

Tags:


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 .