BUY AUD/JPY

I have entered a buy position on this pair. Here are my reasons: We have broken resistance, and now we are entering a retest zone. Looking at smaller timeframes, I'm waiting for confirmation price will reverse. We see a very bullish engulfing candlestick bouncing off the previous resistance which is now support.


Entry: 91.644

TP: 92.950
SL: 90.343