AUD/JPY technical view
on daily chart, the pair had formed a wedge which had been broken to reach the support zone 81.2-80.5, to make the price ranges in sideways between 80.5 & 84.4
the price is about to have a bearish bias according to:
reaching the resistance zone 84.4-93.9, forming continuous pattern "flag", near the moving average 200, and ABC elliot waves
so, watch for any price action in these levels to head for 76.25
the price is about to have a bearish bias according to:
reaching the resistance zone 84.4-93.9, forming continuous pattern "flag", near the moving average 200, and ABC elliot waves
so, watch for any price action in these levels to head for 76.25
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