AUDJPY Favoring Bears to Take Price Control
While I typically don't like short setups on XXXJPY pairs, AUDJPY presents a unique situation, though the risk of this short trade remains high. Last night, AUDJPY moved down by nearly 120 pips. Currently, the price is taking a pause, but it could move further down in the coming days.
AUDJPY broke below the 100.00 price level, a strong psychological area. Market speculation suggests that the Bank of Japan (BOJ) may hike rates at the upcoming meeting. Additionally, the BOJ CPI data due this week will provide further insight into the next move, which is expected to be largely speculative.
These factors support the likelihood of AUDJPY moving lower.
You may find more details in the chart!
Thank you and Good Luck!
While I typically don't like short setups on XXXJPY pairs, AUDJPY presents a unique situation, though the risk of this short trade remains high. Last night, AUDJPY moved down by nearly 120 pips. Currently, the price is taking a pause, but it could move further down in the coming days.
AUDJPY broke below the 100.00 price level, a strong psychological area. Market speculation suggests that the Bank of Japan (BOJ) may hike rates at the upcoming meeting. Additionally, the BOJ CPI data due this week will provide further insight into the next move, which is expected to be largely speculative.
These factors support the likelihood of AUDJPY moving lower.
You may find more details in the chart!
Thank you and Good Luck!
Dagangan aktif
AUDJPY -> target 1 almost reached at 99.20Dagangan ditutup: sasaran tercapai
Nota
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.