AUDJPY? What do you think?
AUDJPY appears to be forming a bearish setup. Earning are in a couple of days which may tip the scale and send the pair sliding downward. It may have additional upward momentum before heading down, but it is hard to tell. I would suspect buyers would continue to jump in since the forecast/expectations are high. Over the next few days, after the 8th, if things go as planned I would suspect move to the downside. What do you think?
#Bearishbat #Resistance #Overbought #AUDJPY
#Bearishbat #Resistance #Overbought #AUDJPY
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.