AUDJPY started the week again in favour of buyers and now the price is approaching an important level of resistance.
Price action seems to be good for a long position and we also have the setup of the moving averages that is bullish.
Risk to reward ratio is 1:3, so definitely a trade we can consider.
Price action seems to be good for a long position and we also have the setup of the moving averages that is bullish.
Risk to reward ratio is 1:3, so definitely a trade we can consider.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Find out more at itstradingtime.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.