After a little drop for last week, AUDJPY started to increase from last Friday.&nbsp;
We can find that Fib has reached to 50% and then give a callback. Currently, it just passed 38.2% retracement level of 71.874 (to 75.387 top). The long trend seems like more obviously.
 
 
However, we realised that the RSI indicator is more towards to Neutral.
 
It is a littlle risky to buy now. The more conservative way is to buy at 74.558.

AUDJPY start to bring another increase

Dec 01 2020

Take Profit +1.29%

Holding time 24d7hr

74.046

Entry price

75.000

Take profit price

1