AUDJPY Potential Long Signal
Being highly correlated to
AUDUSD
,
AUDJPY
has also been in quite the uptrend. It appears to be a bit more choppy and indecisive as compared to
AUDUSD
, but overall it is very bullish. We are looking to play a potential long on this pair if we see price action break above and close above the current trend-line resistance on the hourly chart in confluence with a prediction of a move to the upside from our forecasting algorithm with a percentage chance prediction of at least 85%. In addition we would like to see retail sentiment move to -1.50% or more as it is currently +1.15%. The occurrence of all three of these conditions at the same time will present a very high probably set up for us to get long so make sure you are following to receive updates if we end up taking this long.
Our proprietary algorithm is currently predicting a move to the upside once breaking out of the trend-line resistance with a forecasting prediction of 83%, as seen in the photo below. This is setting up quite nicely and we will monitor the set up to see if we get an official signal. Make sure you are following to be updated!
i.imgur.com/CAqrogi.png
If you want to receive accurate forex signals like this one check out www.Unique4xPro.com and get one FREE month of our algorithmic signals!
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AUDUSD
,
AUDJPY
has also been in quite the uptrend. It appears to be a bit more choppy and indecisive as compared to
AUDUSD
, but overall it is very bullish. We are looking to play a potential long on this pair if we see price action break above and close above the current trend-line resistance on the hourly chart in confluence with a prediction of a move to the upside from our forecasting algorithm with a percentage chance prediction of at least 85%. In addition we would like to see retail sentiment move to -1.50% or more as it is currently +1.15%. The occurrence of all three of these conditions at the same time will present a very high probably set up for us to get long so make sure you are following to receive updates if we end up taking this long. Our proprietary algorithm is currently predicting a move to the upside once breaking out of the trend-line resistance with a forecasting prediction of 83%, as seen in the photo below. This is setting up quite nicely and we will monitor the set up to see if we get an official signal. Make sure you are following to be updated!
i.imgur.com/CAqrogi.png
If you want to receive accurate forex signals like this one check out www.Unique4xPro.com and get one FREE month of our algorithmic signals!
Also follow us on all of our social media:
Twitter @ Unique4xPro
Snapchat @ Unique4xPro
Instagram @ Unique4xPro
Tune in to our daily live market reviews @ 4:30 P.M. EST on Periscope @ Unique4xPro
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Updated 4/04/16 7:25 PM EST:
