financialfreedomgoals101

AUDJPY: BULLISH CHANNELING,POTENTIAL STRONG RESISTANCE BREAKOUT?

Long
SAXO:AUDJPY   Australian Dollar / Japanese Yen
Hello Enthusiast Forex Traders! Here's short-term outlook for AUDJPY, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)

AUDJPY has broken out of the Descending Broadening Wedge Pattern . Breaking out of the pattern may indicates a potential bullish bias ahead. The momentum indicator are nearly crossing above the zero level, it could indicate a stronger momentum going upward in the near future.

The roadmap will be invalid after exceeding the support/target area.

DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency.
Trade closed: target reached:
Target 1 Achieved, Enjoy the weekdays guys :)
Trade closed: target reached:
Target 2 ACHIEVED, SEE YA ON THE NEXT TRADE :)

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.