Weekly trendline still holding. Will it break?
The weekly trendline I mentioned in my Weekly Markets Analysis newsletter is still preventing the $AUDJPY from continuing its trip towards the 90 zone.
Can the trendline hold till the end of the week? Or will we see the breakdown.
In case of a pullback higher I will look for reversal patterns near 95-96 to try a possible downward move.
Can the trendline hold till the end of the week? Or will we see the breakdown.
In case of a pullback higher I will look for reversal patterns near 95-96 to try a possible downward move.