AUDJPY Long Term Channel Broken - buy?

FX:AUDJPY   Australian Dollar / Japanese Yen
Nothing lasts forever, especially supports and resistances. The red channel resistance trendline was broken as a result of the US election. And although I was looking forward to another short position on this pair, traders must always be adapting to the circumstances of the Forex Market.

The extremely long lower shadow suggests buying pressure from the bulls. Probably a trade for next week, with a time range of about 2 to 3 weeks for price to reach either the Target or Stop Loss.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out