AUDJPY and what I think...
AUDJPY is totally uptrend
now it is upper than fibo 23% on daily chart , so I expect not to fall down!
in 4H time frame it's moving near the upward trend line which could be it's dynamic support.
if price could fix upper than 82.000 (that I marked with yellow) , which is it's static resistance then we could expect rising.
* I choose this yellow area for 3 reasons:
1st: the number which is certain 82.000
2nd: it's the nearest resistance which we could see
3d: it's the top of price downward channel
but if price could not reach and fix the yellow area I expect going back to the channel and moving over there...
what do you think?
write me in comments please
now it is upper than fibo 23% on daily chart , so I expect not to fall down!
in 4H time frame it's moving near the upward trend line which could be it's dynamic support.
if price could fix upper than 82.000 (that I marked with yellow) , which is it's static resistance then we could expect rising.
* I choose this yellow area for 3 reasons:
1st: the number which is certain 82.000
2nd: it's the nearest resistance which we could see
3d: it's the top of price downward channel
but if price could not reach and fix the yellow area I expect going back to the channel and moving over there...
what do you think?
write me in comments please
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