AUDJPY: Bullish Outlook as Yen Continues its Bearish Bias?
Hi Fellow Forex Trader, Here's a Technical outlook on Aussie Yen!
Price Action Analysis
AUDJPY has broken out of the bearish trendline and the Descending Broadening Wedge Pattern. The MACD Indicator also made a golden cross, indicating a possible upside momentum to the target area.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the Aussie Yen"
Price Action Analysis
AUDJPY has broken out of the bearish trendline and the Descending Broadening Wedge Pattern. The MACD Indicator also made a golden cross, indicating a possible upside momentum to the target area.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the Aussie Yen"
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.