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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