ANALYSIS on AUDJPY (Small Timeframe UPDATE)

٢٥ يناير ٢٠٢٣

From our previous analysis/update on AUDJPY. We see price has broken the former resistance zone and its now our support zone. And so we see in the smaller timeframe the price istrading in an uptrend above our "Now" support zone. This gives the price an increase in probability for the upward move, I.e. Price is more likely to trade upwards than downwards.

Check the linked Chart Analysis for an overview.