AUD/JPY Trend Analysis

This is our  AUD/JPY trend analysis  using the W1 time frame. The analysis indicates that this pair has a resistance breakout point at 96.50 on the W1 time frame. Traders can set an audible price alert here on your trading platform. Above that price when the price alert hits,  we would be looking for a buy signal on The Forex Heatmap® forex heatmap. The next major resistance point past the alert price is around 102.00, noted by the yellow lines. So the overall pip potential is around 550 pips, which is an excellent risk/reward ratio for this trade.

AUD/JPY Trend Analysis

AUD/JPY Trend Analysis

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