Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
AUDJPY Watch the Breakout and Retest Before the Drop
Australian Dollar / Japanese Yen
AUDJPY Watch the Breakout and Retest Before the Drop
By fXVolume
Follow
Follow
Jan 25, 2023
1
Jan 25, 2023
AUDJPY has made a sharp upward movement, this movement was not matched by sufficient volume.
This movement is very fragile and can collapse at any time. Pay close attention if this trendline is broken, another drop will occur.
Special note:
The gold line has been touched at H4 by this pair and most likely will hold it down profitably.
This is not financial advice.
Trend Analysis
fXVolume
Follow
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.