Snapshot
Hello, Friends!

We are going long on the AUD/JPY with the target of 100.544 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.

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Anmerkung
I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
AUDJPYBullish PatternsbuyChart PatternsforecastForexLONGtecnhicalanalysistradingTrend AnalysisWave Analysis

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