Daily Analysis 12/11/2021

DAILY ANALYSIS

Traders can follow economic events or news which may affect the trend of this pair, to adjust on trade position.

 

DAILY AUD/JPY

Support & Resistance: R1: 84.1
From the daily chart, it has broken the uptrend support, traders can take a short position when it bounces back to the resistance level.

 

H4 AUD/JPY

Support & Resistance: R1: 84.1
From the H4 chart, traders can trade short positions at the resistance level or when it breaks the support level.

 

TRADING TIPS


Short Position

84

83

85