• AUD/JPY 15-min chart long entry strategy playing out

    Developing story

    The bulls have just broken up from a bullish Reverse Head and Shoulders completion pattern on the 15-min time frame.

    A retest and hold above the neckline and support structure could confirm the bullish bias for a long entry with a stop below the structure.

    So far, so good

    More to come…

    Fundamental backdrop

    • AUD/JPY picks up bids above 75.00, eyes RBA mintues, Lowe’s speech

     

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