{"id":12752,"date":"2022-11-07T08:00:22","date_gmt":"2022-11-07T08:00:22","guid":{"rendered":"https:\/\/tradingshot.com\/?p=12752"},"modified":"2023-05-16T08:02:42","modified_gmt":"2023-05-16T08:02:42","slug":"audjpy-the-lower-highs-the-key-to-our-trades","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2022\/11\/07\/audjpy-the-lower-highs-the-key-to-our-trades\/","title":{"rendered":"AUDJPY The Lower Highs the key to our trades."},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>The AUDJPY pair is currently trading on its 1D MA50 (blue trend-line), being the pivot since the price turned sideways during Summer. The long-term trend remains bullish however within a 1 year Channel Up (better viewed with the Fibonacci levels as you see) with the 1D MA200 (orange trend-line) supporting.<\/p>\n<p>Recently it has formed a Lower Highs pattern again with the 90.740 level as the Support. That seems to be consistent with the previous Lower Highs of June-July that broke upwards in late August and hit the 98.700 Resistance. As a result, if the price breaks above the current Lower Highs we expect again a push to the 98.700 Resistance. On the other hand, a break below the Support, would mean a break below the 1D MA200 as well, and that would change completely the trend to long-term bearish.<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/AUDJPY\/xWZjn8qm-AUDJPY-The-Lower-Highs-the-key-to-our-trades\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/AUDJPY\/xWZjn8qm-AUDJPY-The-Lower-Highs-the-key-to-our-trades<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; The AUDJPY pair is currently trading on its 1D MA50 (blue trend-line), being the pivot since the price turned sideways during Summer. The long-term trend remains bullish however within a 1 year Channel Up (better viewed with the Fibonacci levels as you see) with the 1D MA200 (orange trend-line) supporting. Recently it has formed<\/p>\n","protected":false},"author":611,"featured_media":12753,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1637],"tags":[],"class_list":["post-12752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=12752"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12752\/revisions"}],"predecessor-version":[{"id":12755,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12752\/revisions\/12755"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/12753"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=12752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=12752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=12752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}