The Australian Dollar/Japanese Yen is enclosed between two zones of resistance and support and the line of the downtrend and uptrend lines.
The Australian Dollar/Japanese Yen has reacted well every time it hits the downtrend and uptrend lines in the support and resistance zones.
This time, the Australian Dollar/Japanese Yen was able to make a ๐ Morning Star Candlestick Pattern๐ on the uptrend line too, and I expect the Australian Dollar/Japanese Yen to rise to the resistance zone again.
We can also see Regular Divergence(RD+) between the price and RSI indicator.
๐ Australian Dollar/Japanese Yen Analyze ( AUDJPY ) Daily Timeframeโฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
The Australian Dollar/Japanese Yen has reacted well every time it hits the downtrend and uptrend lines in the support and resistance zones.
This time, the Australian Dollar/Japanese Yen was able to make a ๐ Morning Star Candlestick Pattern๐ on the uptrend line too, and I expect the Australian Dollar/Japanese Yen to rise to the resistance zone again.
We can also see Regular Divergence(RD+) between the price and RSI indicator.
๐ Australian Dollar/Japanese Yen Analyze ( AUDJPY ) Daily Timeframeโฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
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