Chris Capre’s Active Price Action Trades: EURUSD, EURCHF, CHFJPY, TRP, REMX, FXo EURJPY
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AUDJPY – Testing Key Resistance, Will The Bull Run Continue? (Daily Chart)
On a tear lately, the AUDJPY has been in a NV-trend for the last several weeks, taking price back all the way up to the key resistance at 89.00.
Aggressive bears might find this to be an area of interest with minor supports coming in at 88.00 + 86.80. Meanwhile bulls would want to stand aside until a) price pulls back into a solid support level, or b) price creates a breakout to the upside.
In case …... Keep reading