FX.co - AUDJPY holding above trendline support! Further rise expected!

2020-07-14T14:38:47

Long-term review

Trading Recommendation

Entry: 74.240

Reason for Entry: 78.6% Fibonacci retracement, ascending trendline support, moving average support

Take Profit: 75.160

Reason for Take Profit: Horizontal swing high

Stop Loss: 73.917

Reason for Stop Loss:100% Fibonacci extension, Horizontal swing low

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ AUDJPY holding above trendline support! Further rise expected!