AUD/JPY upward momentum fade but bulls still showing their dominance. Trend move upward with higher highs and higher lows within long ascending channel. V cup pattern projection and resistance zone indicate that there is still margin for bulls that they can pull upward this long rally after that we can expect retracement. At this point buy entry can be made with tight stop loss and target profits can be set at resistance zone. Please appreciate if you like this effort. Good LUCK!
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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.