This analysis is based on the Bounce Back strategy, with a view of the long term trade on AUDJPY.

AUDJPY – Daily Long by teaguetrading on

If it acts as the technical’s indicate, you could be looking at a very nice PIP gain. The SAR has flipped, with Stoch , MACD and RSI looking very good. A potential exit point would be your 50MA.

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Charts and analysis are a mixture of my own thoughts, along with input from various sources. TRADE AT YOUR OWN RISK. I AM NOT RESPONSIBLE FOR YOUR TRADING EXPERIENCE. You bear the responsibility to analyze all charts on your own, and make your own opinion before placing a trade.

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