AUDJPY is in a downward channel with well-tested resistance and support trendlines.
The first trading week of November, price should react bearishly to the resistance shown in the chart.
From there, we are likely to see a price drop to the 76.00 area.
For now, however, it seems as though 200+ pips could be made here.
The first trading week of November, price should react bearishly to the resistance shown in the chart.
From there, we are likely to see a price drop to the 76.00 area.
For now, however, it seems as though 200+ pips could be made here.
