AUDJPY finally broke above the downward trendline. Now, price is pulling back to retest the area where we have a break in structure. If price fails to close below this area, we will see a retest of the highs to capture liquidity.
If the uptrend falls shy, there is a big chance that the lows will be broken.
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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.