Will AUDJPY experience a breakdown this week
AUDJPY has been in a channel like a pattern creating a rising wedge
On a short term move, seeing some bullish correction to the resistance of the channel(rising wedge) will be triggered.
Midterm a possible rejection may occur at that resistance of the rising wedge giving room for the potential fall envisage.
However, A breakdown of 68.684 and bearish imprint will have built my confluences for a short position
On a short term move, seeing some bullish correction to the resistance of the channel(rising wedge) will be triggered.
Midterm a possible rejection may occur at that resistance of the rising wedge giving room for the potential fall envisage.
However, A breakdown of 68.684 and bearish imprint will have built my confluences for a short position