AUDJPY: Retest Trendline, Bullish Continuation as Yen Weakening?
Hello Fellow Global Forex Trader, Here's a Technical outlook of the Aussie Yen!
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AUDJPY is retested in the last support area and EMA 34. Waiting for the price to hit the confirmation price creates a valid for a potential move to the target area.
The Outlook will be active after the price hits the confirmation line.
*All the explanations are presented on the chart*
The roadmap will be invalid after reaching the target/support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put Long or Short Position on the AUDJPY"
Support our content by smashing the like and follow button, you also can share your opinion in the comment section below.
AUDJPY is retested in the last support area and EMA 34. Waiting for the price to hit the confirmation price creates a valid for a potential move to the target area.
The Outlook will be active after the price hits the confirmation line.
*All the explanations are presented on the chart*
The roadmap will be invalid after reaching the target/support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put Long or Short Position on the AUDJPY"
Trade active
Comment:
Invalid Roadmap, maybe further correction may happens.
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