AUD/JPY MAY BOUNCE FROM HERE
4H CHART EXPLANATION:
Price broke the Descending Trendline and started moving sideways on a range. Now it is facing the bottom of the zone, so we expect a bounce here towards the Resistance Zone. If the Resistance Zone is broken then it has potential to reach the next one at 76.500-76.600.
MULTI TIMEFRAME EXPLANATION:
-Daily:
-Weekly:
Price broke the Descending Trendline and started moving sideways on a range. Now it is facing the bottom of the zone, so we expect a bounce here towards the Resistance Zone. If the Resistance Zone is broken then it has potential to reach the next one at 76.500-76.600.
MULTI TIMEFRAME EXPLANATION:
-Daily:
-Weekly:
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.
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.