AUDJPY Flag Pattern Offers a Sell Opportunity

Short

Australian Dollar / Japanese Yen (FX:AUDJPY)

FX:AUDJPY Australian Dollar / Japanese Yen

AUDJPY Flag

Price broke below the rising channel it was moving, with a sharp impulse to the down, and it;s now in consolidation. The whole structure has formed a flag pattern which we should watch closer for a breakout in order to sell the market.

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