In our view triangles often produce some of the best opportunities. This particular AUDJPY set up should play out in the next few hours. The safest way to trade it is to go long above 96.34 and short below 95.41. Our target would be around 40 pips on each side.
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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.