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AUDJPY: Bullish momentum leads price action

by Neville Hornsey
1 March 2022
in Forex
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The forex heatmap doesn’t give us a definite risk-on / risk-off picture, so I go straight to the AUDJPY to give me a better sense of which way things may go. Currently, the AUDJPY is trading in the middle of a lot of ranges depending on how far back you look, but as we’re making higher highs and higher lows, with the support of rising momentum, we could be about to have the start of some larger breakouts. 

For more trading details, please check the hyperlinks with time stamp indicated from the video:

0:59 AUD/JPY

Tags: AUDJPYRate hikes
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