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AUDJPY in a box for too long: will it break?
Australian Dollar / Japanese Yen
AUDJPY in a box for too long: will it break?
By AlbionTrader
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Feb 2, 2017
3
Feb 2, 2017
AUDJPY has been consolidating in a Box for 10 weeks now and started to form a Wedge inside that box in the last 5 weeks.
The pair will thus probably give a good breakout soon in one of the two directions with different level of Targets.
Patience required to plan the setup.
albiontrader
AUDJPY
BOX
box-breakout
breakout
Forex
fx
Support and Resistance
Wedge
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