AUDJPY “Short”, from the graph, can see that it is forming up an ascending triangle pattern. However, due to Australia GDP news report showing that the per capita GDP has dropped. Thus, the candle broke through the up going trend line from bottom. Currently, candle heading to the next support line of 0.382 of fibonacci level. If candle manage to break through 0.382 level, it will head to the next support level at 0.236 fibonacci level at 77.40.
All investment comes with risk. Trade at your own risk. Open to ideas and sharing from all passionate traders, please comment and share your ideas and views. Thank you!
All investment comes with risk. Trade at your own risk. Open to ideas and sharing from all passionate traders, please comment and share your ideas and views. Thank you!
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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.