AUDJPY is in uptrend and judging from the chart we can see that N 1 2 3 bullish pattern in currently in play. Any pullback towards 95.85-96.00 should provide bounce opportunities. For those which are in the trade , a clear close above 96.35 should happen for further advancement towards 97.00 - 35 . A close above 97.35 targets 98.80.
Pay attention to patterns and closes. ATR still has the room to go. Check the ATR of the pair which still has 100 more pips to be contained in the previous range. ( top left corner of the chart ).
The analysis and the article presents Nenad's opinion. Remember, financial trading is highly speculative & may lead to the loss of your funds. Proper risk management is the Holy Grail of trading.
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