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RudiMarin

AUDJPY reached 200 weekly MVA. Short favoured

Short
Australian Dollar / Japanese Yen (FX_IDC:AUDJPY)  
RudiMarin Updated   
FX_IDC:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators AUDJPY
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trendanalysis chartpattern indicator audjpy
The 200 weekly MA is in a downtrend and price just reached it yesterday. I would favour the downside from here.

Tonight is BOJ Monetary Policy Statement; we could see some volatility.
Comment:
Price rejected from the top for the second week. we still could see the rising wedge playing out.

snapshot
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