![AUDJPY Intra-Day Price Action Analysis: strong bullish AUDJPY Intra-Day Price Action Analysis: strong bullish](https://c.mql5.com/6/693/splash-651504.jpg)
![Sergey Golubev Sergey Golubev](https://c.mql5.com/avatar/2012/12/50D09349-3D90.jpg)
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W1 price is located above 200 period SMA
(200 SMA) and above 100 period SMA (100 SMA) for the primary bullish
market condition.
- The price is trying to break 88.48 resistance level for the bullish trend to be continuing.
- If the price breaks 88.48 resistance level so the bullish breakout toll be continuing, otherwise - ranging within the levels.
Resistance | Support |
---|---|
88.48 | 87.99 |
N/A | 87.75 |
Trend: