The AUD/JPY pair is currently in an uptrend. However, there are signs of a potential pullback as it has breached the uptrend line on the daily chart and is now retesting that level. We anticipate a rejection at this retest point, followed by a pullback.
Trade active
120+ pips in profit. Close Some and Set BETrade active
160+pips in profit. Close Half
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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.