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Hey traders,

From the beginning of the year, AUDJPY was quite bearish.
The price was steadily falling within a wedge pattern.

This week a strong horizontal demand zone was reached.
The price bounced nicely from that and broke a resistance line of the wedge.

Now the price will go higher.
Goals: 83.75 / 82.4

If you missed the entry consider an occasional retest.

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AUDJPYaustraliandollarjapaneseyenpriceactionpriceactionanalysisSupply and DemandSupport and ResistancetradingWedgeyen

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