hey traders,
audjpy is approaching a significant level of resistance.
actually, if you open this chart on a daily, you will notice that this pair is trading in a range between 77.7-79.8
from February.
now the market is once again approaching a resistance,
with the formation of a rising wedge we have very nice potential trade.
just sell the breakout of a rising wedge,
with you initial target around 78.6
and the second, based on the support of the range.
good luck!
Comment:
attempt to break
Comment:
Test of resistance line
Trade active
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