AUD/JPY - Breakout Soon?!
Price is currently retesting a monthly/weekly support zone that is now turned resistance. Price has printed a rising wedge pattern which may indicate a breakout to the downside. We are waiting for price to break the trendline.
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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.