Check audjpy Weekly chart strong resistance 72.22 & strong support 59.90, possible 72.22 price near touch & again down 59.90 near price possible.
Look guys audjpy day chart. This chart Support line 70.80 break so it's 69.23/67.70 near price come possible.
We can see a clear rising wedge formation on AUDJPY and there is a very high possibility of breakout of support, if it does then there is a chance of going on SHORT on this trade and get a minimum of 500pips in your pocket
wait for break of pattern or just short from resistance.. But we are going down that's for sure
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (69.25). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDJPY is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...