AUD/JPY has bounced off from a supportive trendline.
However, the recent fall has depleted the bullish momentum in the counter its now in a rising wedge formation.
We expect the pair to move to trade with a bullish bias.
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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.