AUSSIE YEN: Bearish outlook on JPYBASKET,AUDJPY Goes Bull Again?
Hello Fellow Trader, Here's a Technical outlook of AUDJPY!
AUDJPY has broken out of Descending Broadening Wedge. Furthermore, The MACD indicator created a golden cross, indicating potential bullish movement ahead.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/Support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the Aussie Yen"
AUDJPY has broken out of Descending Broadening Wedge. Furthermore, The MACD indicator created a golden cross, indicating potential bullish movement ahead.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/Support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the Aussie Yen"
Note
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Target 1 Achieved, Will it go the target 2?
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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.
Related publications
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.