AUD/JPY Corrective Move Finished by ThinkingAntsOk
🔸 DAILY CHART EXPLANATION:
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🔸 Price made a Strong Downside Move since the beggining of the year, which has been corrected for the last weeks.
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🔸 Now, it is facing the confluence zone between the Descending Trendline and the Resistance Zone.
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🔸 We consider there is Bearish Potential from here.
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🔸 Will look for a lower timeframe bearish setup.
🔸4H CHART ANALYSIS:
.
.
🔸 Price made a Strong Downside Move since the beggining of the year, which has been corrected for the last weeks.
.
🔸 Now, it is facing the confluence zone between the Descending Trendline and the Resistance Zone.
.
🔸 We consider there is Bearish Potential from here.
.
🔸 Will look for a lower timeframe bearish setup.
🔸4H CHART ANALYSIS:
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