There is a trend reversal on AUDJPY as the ABCD pattern has been completed at 1 day timeframe. There are bullish hammer and engulfing candlesticks and most importantly the divergence shows that a bullish trend reversal is expected.
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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.