AUDJPY 1hour Analysis December 3rd, 2020
AUDJPY Long
Price is forming a corrective structure on the 1h timeframe. Wait for price to retest the weekly zone and previous resistance zone at 77.0. Enter on bullish momentum/variation. We can wait for price to break and retest the resistance trendline on lower timeframes.
Price is forming a corrective structure on the 1h timeframe. Wait for price to retest the weekly zone and previous resistance zone at 77.0. Enter on bullish momentum/variation. We can wait for price to break and retest the resistance trendline on lower timeframes.