AlbionTrader

AUDJPY in a box for too long: will it break?

FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY has been consolidating in a Box for 10 weeks now and started to form a Wedge inside that box in the last 5 weeks.

The pair will thus probably give a good breakout soon in one of the two directions with different level of Targets.

Patience required to plan the setup.