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AUDJPY - Technical Forecast For Next Days

Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
Traderscope  
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Support and Resistance Chart Patterns AUDJPY Weekly Charts Daily Charts h4
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trendanalysis supportandresistance chartpattern audjpy weekly daily h4
Hi guys, A simple analysis in order to anticipate future movements of AUDJPY according to trendlines in H4 timeframe.
  • Short term: the pair is bearish with a target on the low line of the formed ascending channel H4/D1.
  • Medium term: the pair may rebound on the trendline and come back on the top line of the formed ascending channel H4/D1.
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