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Technician

AUDJPY: 20+ Years Sideways Range #forex

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
Technician  
FX:AUDJPY   Australian Dollar / Japanese Yen
56
6
The chart is self explanatory. A well-defined long term sideways trend. We had the last test of the top of the range in late 2014, then we broke lower. Trend line break and 5-Year Moving average break. Are we heading towards the bottom?

thefxchannel.com/
Best Regards,
Technician
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