AUD/JPY The Scope For The Next Target Is Open

Analyst, Full-Time Trader • Apr 12, 2022 at 6:44 AM EDT

The AUD/JPY is having an uptrend. A move straight off the zone should be lasting for at least intra-week. I have 2 entries 93.00 and 93.40 targeting 94.13 and possibly 95.33.

AUD/JPY Technical Analysis

Uptrend continues
Good R:R
M H3 is the next target
93.42 needs to break
Buying on the dips

Daily Chart AUD/JPY

Low
Double top
Higher low
Entry zone
Target

The AUD/JPY is having an uptrend. A move straight off the zone should be lasting for at least intra-week. I have 2 entries 93.00 and 93.40 targeting 94.13 and possibly 95.33. Watch for the breakout and the move further up. Equities might follow up, namely the SNP500.

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