AUDJPY failed to break higher, look for bearish reversal
Hi everyone:
We have been seeing AUDJPY is in a bullish price action, pushing the price up.
Latest price has a fake break out of the previous HTF double tops, but quickly see a bearish reversal impulse down.
I would wait for a continuation, right shoulder to development and look for further downside.
Thank you
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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.