Fx_Trader_ViSa

AUDJPY Crucial Point Of Trend Continuation.

OANDA:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY is trading in rising wedge. Now it is trading in narrow range of rising wedge. This means that sooner or later we might see either sideways movement in AUDJPY or decisive trend action after breakout from rising wedge on either upside or downside. If it breaks on upside our first target will be the resistance line of channel pattern and if it breaks out on downside, our target will be the support line of channel pattern.

Like/Comment/Follow For More Idea
Note - Trade With Proper Risk Management System Only

Thanks

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.