AUD/JPY is forming a symmetrical triangle, currently consolidating near the upper boundary. A successful retest of the support zone (~94.5) followed by strong bullish momentum could lead to a breakout toward 97.5. Watch for confirmation candles and volume spike for entry.
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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.