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.
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