AUDJPY Long Term Setup
Monthly shows a strong bull run to the upside despite the fact that we did expected a reversal in the beginning but it is what it is.
Weekly prints a strong momentum to the upside with an ascending wedge formation.
Daily, we might expect a range within the weekly wedge zones for the accumulation for a further movement to the outside
So in summary, we're having long term bullish movement to the upside however, we might be seen a short term move to the downside if an only if that's not the move we just saw.
Weekly prints a strong momentum to the upside with an ascending wedge formation.
Daily, we might expect a range within the weekly wedge zones for the accumulation for a further movement to the outside
So in summary, we're having long term bullish movement to the upside however, we might be seen a short term move to the downside if an only if that's not the move we just saw.
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