AUDJPY Analysis
AUDJPY at the major resistance area in the weekly timeframe chart
After the confirmation of the Downward movement, the AUDJPY Sell signal was given.
AUDJPY Update
AUDJPY is consolidating at Major Resistance area, which leads to the SL price. However, AUDJPY still have chances to fall from the Resistance area
Reason Due to au Jibun Bank Japan Services Purchasing Managers’ Index (PMI) news factors, market is not making a technical movements.
Please note In the forex market, technical works 80% of the time, and fundamental works 20% of the time. This time fundamental wins. Be patience and wait for the next good opportunity signal.
We always want you to trade safe under all market conditions.
Don’t trade all the time, trade forex only at the confirmed trade setups.
Get more confirmed trade setups here: forexgdp.com/buy/
