Steep increase in prices, H4 formed a doji followed by a series of bearish candlesticks. The rising wedge pattern is not yet completed as a potential to move back to 78.80 - 79.02 is likely. Still, expect to see a reversal here for AUDJPY to target 78.00 followed by 77.40
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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.