AUDJPY: Bullish Technical Analysis

2023年5月22日

In the short term, it might be interesting to follow the AUDJPY pair on intraday charts. If we look at 1H time frame, the trend is bullish and should somehow manage to reach the area around 94. With this in mind, a "buy the dip" should be the correct interpretation.

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2023年6月6日

註釋

2023年6月9日

交易結束：目標達成

Chart:

2023年6月9日

註釋

Trend is still bullish

2023年6月13日

交易結束：目標達成

Target 2 hit !

2023年6月14日

註釋

🔴At the moment the trend still remains bullish, but the pair seems to want to form a cap (temporary?) around our Target 2. If we look up, we have a resistance area around 95.50 and potential Target 3 at 96.30. At the moment the supports are quite far away on intraday chart (dashed trendline) and from our point of view, the daily closure will be very important.
📊Chart:

2023年6月15日

註釋

2023年6月15日

交易結束：目標達成

Target hit!

2023年6月15日

註釋

It's still bullish...