AUDJPY has tested 96.00-50 zone since April 2014, for more than 4 months. It has finally broken above this resistance zone.
Any pullback to 96.00-50 should hold as support zone and became a buy zone. I am looking to buy near the lower end of the support zone, which is the 38.2% FIB retracement, of 95.90-96.00
Long AUDJPY 95.90-96.00
SL 95.50
TP 97.00
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www.ForexPositive.com
Twitter @ForexPositive
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Any pullback to 96.00-50 should hold as support zone and became a buy zone. I am looking to buy near the lower end of the support zone, which is the 38.2% FIB retracement, of 95.90-96.00
Long AUDJPY 95.90-96.00
SL 95.50
TP 97.00
=====
www.ForexPositive.com
Twitter @ForexPositive
=====