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Australian Dollar / Japanese Yen
Short
Updated

AUDJPY 4H

146
Price now back at strong resistance, forming a bearish flag pattern & a potential double top here at weekly resistance. Will be looking for a break of daily support / channel & retest for a potential shorts this upcoming week
Note
snapshot Weekly: Price now making another touch to its descending trendline, & closing with a bearish engulfing on the daily
Note
snapshot Triple top now, price is rejecting off that resistance nicely, lets see how BOJ monetary policy meeting will go for JPY
Profound_Ambition
AUDJPYaussiedollarDouble TopParallel ChannelrejectionSupply and DemandSupply ZoneSupport and ResistanceTrend Analysisyen

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AUDJPYaussiedollarDouble TopParallel ChannelrejectionSupply and DemandSupply ZoneSupport and ResistanceTrend Analysisyen
Profound_Ambition

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.