AUDJPY: Bullish Technical Analysis

22 mai 2023

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.

Trade with care!
Like 🚀 if my analysis is useful.
Cheers!

6 juin 2023

Note

9 juin 2023

Trade fermée: cible de profit atteinte

Chart:

9 juin 2023

Note

Trend is still bullish

13 juin 2023

Trade fermée: cible de profit atteinte

Target 2 hit !

14 juin 2023

Note

🔴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:

15 juin 2023

Note

15 juin 2023

Trade fermée: cible de profit atteinte

Target hit!

15 juin 2023

Note

It's still bullish...