Reason for Buying AUD/JPY :
AUD/JPY was moving up and down between the selected ranges for a long time in H1 Chart.
Finally market broken the top level.
After breakout, AUD/JPY Re-tested the previous breakout level and starts to move up more.
After the confirmation of Upward movement, the Buy signal was given by our Analyst team.
AUD/JPY went up more and we recommend our members to closed partial lot with +695 Points Profit Successfully.
Education Notes :
Why Re-testing the Breakout Level is more important ?
After Market Breakout from the range, If market Re-test the previous Breakout level and starts to bounce back, then we can expect big and sharp movements from that Breakout level. That’s the reason, we have given Buy signal on AUD/JPY after more confirmations of Upward movement.
Start to Learn, Trade Forex market in technical ways with the help of Forex Experts team.
Please Don’t Trade forex market all the time, trade forex only at good opportunities available in the market.
Trade with care.
Get more Good Opportunity Technical Trade Signals at “Premium” (or) “Supreme” Signal Plan. Join here : forexgdp.com/forex-signals
If you are interested to learn our forex strategies, please click here to contact now.