AUD/JPY Breakout
After a strong sell off a double bottom pattern has structured along the long term up-trend. Price looks to be retesting the double bottom.
Currently awaiting a new structure low on the bottom side of the flag pattern.
In anticipation of a close above the top of the flag pattern to confirm a bullish breakout.
A close below the 0.382 fib level will indicate a bearish breakout.
Currently awaiting a new structure low on the bottom side of the flag pattern.
In anticipation of a close above the top of the flag pattern to confirm a bullish breakout.
A close below the 0.382 fib level will indicate a bearish breakout.
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