AUDJPY has formed a strong key bullish key reversal on the 4H time frame. This trade is confirmed by the key reversal with a lower bollinger band outbreak and the strong uptrend. Similar setups to NZDUSD and AUDUSD but AUDJPY and AUDCHF are stronger because they never reached previous support before forming strong key reversals. TP at candle body high of the previous rally. SL below key reversal low.
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.