AUDJPY: Bullish Divergence, Will It Go Even Further to 93.800?

15 May 2023

Hi Fellow Forex Trader, Here's a Technical outlook on Aussie Yen!

Price Action Analysis
AUDJPY has broken out of the Symmetrical Triangle Pattern. The MACD Indicator also made a golden cross and hidden divergence, 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"

17 May 2023

İşlem aktif

Hit Entry Trigger, Wish us the best luck :)

23 May 2023

Not

Yen: In line with our expectation, possibly going to drop even more :)
Supported our current analysis on Aussie Yen Outlook

3 Haz 2023

Not

Forming another continuation pattern :)

9 Haz 2023

İşlem kapandı: hedefe ulaştı

Finally Reached the target after waiting for several weeks