AUDJPY 30min Analysis March 29th, 2021
Trade Scenario 1: Bullish - For us to go long we need to see price break above 83.90. We will then wait for price to retrace and 83.90 to act as support. Enter on strong bullish setups, first targeting 84.30
Trade Scenario 2: Bearish - For us to go short we need to see price break below 83.88. We will then wait for price to retrace and 83.88 to flip as resistance. Enter on strong bearish setups, first targeting 83.70
Trade Scenario 2: Bearish - For us to go short we need to see price break below 83.88. We will then wait for price to retrace and 83.88 to flip as resistance. Enter on strong bearish setups, first targeting 83.70