Buy AUDJPY BoJ Interest rate

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Key Points:

Buy Entry: Consider entering a Long position around the current price of 104.30, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.

Target Levels:
1st Support – 105.15
2nd Support – 105.50

Stop-Loss: To manage risk, place a stop-loss order below 103.97. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.

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audAUDJPYaudjpylongbeyondtechnicalanalysischanneltrendChart Patternsfundamental-analysisTechnical Indicatorsjpysupply_and_demandsupportandresistancezonesTrend Analysis

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