Breakout Identified in AUDJPY | 20th Jan

Signal ID: 79100
Time Issued: Wednesday, 19 January 2022 10:23:15 GMT
Status: open
Entry: 82.404 - 82.692
Limit: 83.225
Stop Loss: 82.074

The Breakout Opportunities system has just bought AUDJPY at 82.514. The system recommends entering this trade at any price between 82.404 and 82.692. The signal was issued because the AUDJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.317, suggesting that the AUDJPY may have further to rise. A stop loss has been set at the 24-hour low of 82.074 and a profit target has been set at the 1 Day ATR level at 83.225. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.

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