AUDJPY: BUY
Overall, we see bullish integrity on all timeframes with AUDJPY this week.
If we see price heading back towards the support level of 80.473, we must keep an eye here (horizontal line drawn on our analysis).
-If price breaks our support level majorly, we can expect a scalping opportunity for Bears/Sells to enter, however, we are expecting price to keep it's bullish trend to take it down to the monthly Buy Zone (79.436 - 79.930) and ride it back up to our Take Profit (EXIT) area of around 81.510.
If we see price heading back towards the support level of 80.473, we must keep an eye here (horizontal line drawn on our analysis).
-If price breaks our support level majorly, we can expect a scalping opportunity for Bears/Sells to enter, however, we are expecting price to keep it's bullish trend to take it down to the monthly Buy Zone (79.436 - 79.930) and ride it back up to our Take Profit (EXIT) area of around 81.510.
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