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decentshaw

AUDJPY - Trendline Price Break

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
decentshaw  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns
3
0
trendanalysis chartpattern
AUDJPY look Bearish at the moment. There is a clear breakout of ascending channel on 4H TF. We may see retracement to the Horizontal Resistance at the top. Price is also going below the 50 & 100 MA signaling the bearish momentum.
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