From TradingView · · 40s
AUDJPY Pressure Builds Before Move
AUDJPY bullish but struggling to break 110.602, 110.889 range.
In brief
AUDJPY bullish but struggling to break 110.602, 110.889 range. AUDJPY price faces breakout or drop before pushing higher in bullish trend. Originally reported by TradingView.
AUDJPY Trend Analysis
AUDJPY shows bullish pressure on H1 timeframe but buyers struggle to push higher within 110.602, 110.889 range due to selling pressure around 111.041 level.
Price Action Risk
Price could break out of the range or spike lower before pushing higher, with key upside targets at 111.562 and 112.000 zones.
Bullish Bias
Overall trend remains bullish with broader bias toward 113.280 as buyers build momentum within the range.
The main idea
AUDJPY price faces breakout or drop before pushing higher in bullish trend.
