AUDJPY, Another Bearish Momentum?

מעודכן
Hello Fellow Forex Traders, Here's a Technical outlook on AUDJPY!

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Chart Perspective
AUDJPY is breaking out of the ascending broadening wedge pattern. Breaking out of this pattern indicates a potential trend continuation from previous bearish bias. The MACD Indicator already made the death cross. The death cross signals a possibility of downside movement to the target area ahead.

All other explanations are presented on the chart.

The roadmap will be invalid after reaching the target/ resistance area .

"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the AUDJPY"
הערה
Target 1 Reached, See you on the next target.
תמונת-בזק
עסקה סגורה: היעד הושג
Done Target 2, See ya in the next roadmap!
תמונת-בזק
AUDJPYChart PatternsForexTechnical IndicatorsTrend Analysis

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