AUDJPY LONG
Australian Dollar/Japanese Yen FX:AUDJPY
Not sure on fundamentals as I am a pure technical trader. BUT, AUDJPY has found and tested support at both of the 50&200 EMA’s, bottom of the ascending channel and at the 82.00 support area too. Stochastic are showing oversold signals. The confluences add up for me so I took a long trade.
Would love and appreciate feedback as I am a new trader at 18 years old looking to stay away from 9-5 in my 20’s lol.
Thanks