AUDJPY - Potential Reversal Zone
AUDJPY has been respecting a bearish channel and is approaching a potential reversal zone which lines up with a bounce off the bottom trendline of the channel and target reversal zone off the harmonic. The reversal zone is also an old support from 02/2016 turned resistance 09/2016.
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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.