BUY Opportunity
Audjpy seemed to be stuck in a range but now looks to potentially break out of it. 5 confluences for this trade and any more I take are 1-Price has formed a higher low within range 2-Price respected .50 and .618 fib levels 3-Buyers have full control on 4hr. 4-Price has collected liquidity on lower timeframes(Retest) 5-(Bad)News of JPY has helped push price in the direction of the trend which can lead to a potential break of this .700 area and new highs. Tomorrow there will be more News in Asian session for AUD so watch for that as that can help price break this range.
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