Buy AUD/JPY Bullish Channel

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The AUD/JPY pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours.

Key Points:

Buy Entry: Consider entering a Long position around the current price of 101.04, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.

Target Levels:
1st Support – 101.94
2nd Support – 102.54


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audAUDJPYaudjpylongbeyondtechnicalanalysisChart Patternsfundamental-analysisTechnical Indicatorsjpysupply_and_demandsupportandresistancezonesTrend Analysis

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