Australian Dollar / Japanese Yen

Short

Updated

AUDJPY: Sell setup forming

I am anticipating this pair to form a flat channel for further continuation to downside. So watch the price action at the top for trade setup.

Note

Here is the update.

snapshot

Note

Price is forming a flat channel. Watch the top for price action for entry.

snapshot

Note

We saw no price action at the flat channel formation. So we had no sell there.
now watch the next possible place for sell setup.

snapshot

Note

Here is the update:

snapshot

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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.