Looking to see AUD look for the roof before JPY gains some wind under its' sails.
I expect it to be a quick move, but naturally, price could do anything.
Just a simple price action outlook
Price could possibly also already have seen the roof and will then be looking to retest the sell zone so I'll be looking for that when taking this trade.
But the market is showing signs of enough buyers to push price up to 85.500 so I'm staying bullish until there's an obvious break of structure.
Just use effective risk management.
Safe trading!!
I expect it to be a quick move, but naturally, price could do anything.
Just a simple price action outlook
Price could possibly also already have seen the roof and will then be looking to retest the sell zone so I'll be looking for that when taking this trade.
But the market is showing signs of enough buyers to push price up to 85.500 so I'm staying bullish until there's an obvious break of structure.
Just use effective risk management.
Safe trading!!