An expanding triangle pattern is formed, but to be sure, we must make sure that AUDJPY breaks down from its smaller trendline. If it does, then that is a good signal to be short on AUDJPY. Targeting 80.000 for this pair if it does follow through with the pattern. Goodluck!
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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.