4 weeks in a row AUDJPY couldn’t broke 89.015. It has been rejected three times (see the weekly chart). I’m on the bearish side for this order.
Note
AUDJPY has been moving in my favor. We had a nice confirmation candle on weekly chart
My prediction for next week: Price will be pulled back a bit to retest key support @ 87.366 or retest zone 87.511-88.130 before going down to my target point @ around 86.187.
tradingview.com/chart/Bhp2nnID/
Note
Daily Chart
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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.