Bearish Scenario: Sales below 5220... Bullish Scenario: Buys above 5225 (if price fails to break below decisively) ...
AUDJPY is moving to the resistance
2019-11-11 • Updated
On the daily chart of AUDJPY, the MACD indicator has formed the bulllish divergence and the pair has risen. But the upward movement may be limited. The resistance is placed at 72.350. If the pair turns around, the support will lie at 71.30. If bulls are able to push the pair above 72.350, the next level to open longs is at 73.200.
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...