EUR/JPY Trend Continuation

EUR/JPY Trend continuation is scoring following 7 points

1. Higher Highs & Higher Lows
2. Above 50 & 200 EMA
3. Horizontal Support                         (131.15)
4. RSI Convergence
5. Bullish Price Action                        (Doji Bar & Inside Bar)
6. No Level of Resistance in the way.
7. FIB Retracement support               (0.382 - 0.50)

AUDUSD - Range Based Reversal

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Hi Traders

AUDUSD setting up to go long in Range Based Reversal set up & scoring following points.

1. Strong Level of Support (1.0154)

2. RSI Divergence              (there is strong divergence on Stochastic & Momentum as well)

3. FIB Extension Level       (Between 1.27 - 1.618)

4. Bullish price action          (Inside bar & low test bar too)

5. Flat Moving Averages.