AUDJPY was trading in bullish structure till the sellers took control from channel resistance and has given the massive sell rally. That sell rally break the inclining trendline.
Now the price is retesting the broken trendline and broken support level.
it seems like the sellers can attack again this bearish confluence.
If the sellers takes charge again, the next target could be 93.500.
Ascending ChannelAUDJPYbeyondtechnicalanalysischannelbreakoutstrategyChart PatternsfibretracementforexsignalsTechnical IndicatorsJTSTrend Analysis

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