AUDJPY multi-month swing continuation?
AUDJPY has been rejected from the long-term strong upside resistance confluence 84.767. A break above 82 is now required for the upside reversal and a test of 84.70 again.
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The weekly chart shows that the pair has bounced from the median channel line 78.57 and is reaching the strong short-term resistance of 82 for the upside reversal to test 84.70 again.
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On a daily chart, we can see that the Already a member? This article is so good, it’s for premium members only.
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We have used the combination of the top-down trading analysis to get these key levels explained in the charts. Also, you have the chance to see Elliott Wave and price action analysis together in action along with the Andrews Pitchfork channel tool. If you want to learn the trading strategy that will give you immediate results in your trading register for Live Training Mentoring.
