AUDJPY is about to retest its major flag pattern on the daily. We expect resistance and the price to break its local channel and head lower. If however there is a successful breakout to the upside, AUDJPY is a long-term buy.
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.