On a today's live stream, we discussed AUDJPY.
The price was steadily growing within a rising wedge pattern.
Once a key daily resistance was reached, bears managed to violate the lower boundary of the wedge.
It looks like a bearish reversal is ahead.
The market may drop to 90.15 / 89.35
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.