The AUDJPY could experience a quick sell off towards the previous low at 90.15-10.
The price is currently testing the supply zone and spending that time to make a very slanty head and shoulder pattern with a sure expanding ascending pattern.
This indicate a long term run towards the weekly top at 96.00=50, however the RSI indicator shows triple tops at the OB level, which could support the short term sell off towards the 50% & 61.8% fib area.
Check the chart put and plan your trades accordingly.
The price is currently testing the supply zone and spending that time to make a very slanty head and shoulder pattern with a sure expanding ascending pattern.
This indicate a long term run towards the weekly top at 96.00=50, however the RSI indicator shows triple tops at the OB level, which could support the short term sell off towards the 50% & 61.8% fib area.
Check the chart put and plan your trades accordingly.
Note
Here is how AUDJPY is goingNote
The last update on AUD/JPYTarget Hit 💪🤝
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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.