AudJpy- to resume its downtrend?- weekly view
The long-term trend for audjpy is clearly down, and the rise from 70 low is corrective in nature and can be seen as a flag.
This correction stopped at the important resistance level from 76.50.
I think the market will resume its downtrend and a retest of the 70 low is possible in the first quarter of 2020.
This correction stopped at the important resistance level from 76.50.
I think the market will resume its downtrend and a retest of the 70 low is possible in the first quarter of 2020.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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