I'm expecting some pull back or consolidation on the aud/jpy pair, however I think we're set for another move up to my next target/resistance level.
My outlook has been long for some time now.
But could this change?
My longer term outlook on the aud/cad is bullish to a target of 1.0200
NZDCAD has hit this major high on 3 prior occasions and never closed above. Daily chart seems to now be respecting this line as support for now.
Could set up for a lovely trade, but I think still too early to tell.
I'll be watching closely.
Here's a bearish cypher pattern with entry and target. Good luck and happy trading