AUDJPY continuation of bullish move from last week?
Australian Dollar/Japanese Yen FX:AUDJPY
On weekly chart for AUDJPY pair the price action was rejected from the strong level @ 81.00.
Daily chart forming 3 consecutive rejection candles in a row followed by 4 hourly chart forming rejection candle suggests continuous upward journey for this pair if it breaks out the resistance level at 82.687.
I have placed buy stop order at 82.687 with stop loss at 82.448 with TP1 at 82.911 TP2 at 83.053, TP3 at 83.854 and TP4 at 84.178. Once and if the trade triggers I will be playing with this trade!