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AUDJPY | Ascending Triangle Formation..!!

FX:AUDJPY   Australian Dollar / Japanese Yen
#AUDJPY (update)


In 1D Time frame, AUDJPY has been forming Ascending Triangle Pattern.

At the Moment, It's Facing Major Horizontal Resistance (76.770) & On the Verge of Breakout As Well.


Now, There Are two Possible Scenarios,

1- If Bulls Cleared the Major Horizontal Resistance, Expecting Upside Breakout

2- If Trendline of Triangle Broken, It Might test the Major Support (72.660)


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