AUDJPY Bullish Idea based on Bat Pattern & descending channel
The price is currently moving in a potential trend reversal zone and is not hitting new Lower Lows. There is also a strong Fib resistance right below the current level and thus the price is expected to move upward.
All TPs are Fib Resistance levels.
All TPs are Fib Resistance levels.
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.