AUSSIE YEN: Bearish outlook on JPYBASKET,AUDJPY Goes Bull Again?
Updated
Hello Fellow Trader, Here's a Technical outlook of AUDJPY!
AUDJPY has broken out of Descending Broadening Wedge. Furthermore, The MACD indicator created a golden cross, indicating potential bullish movement ahead.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/Support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the Aussie Yen"
AUDJPY has broken out of Descending Broadening Wedge. Furthermore, The MACD indicator created a golden cross, indicating potential bullish movement ahead.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/Support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the Aussie Yen"
Note
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Target 1 Achieved, Will it go the target 2?
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