Bearish divergence in AUDJPY
A bearish divergence is observed in AUDJPY currency pair in a four-hourly timeframe. The current upward trend is expected to reverse into a downtrend. If the last HL is broken and a new LH is formed, taking a short position will be a good point.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.