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AUDJPY: 3 Falling Methods: Preparing For Drop Number 2

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Dollaro australiano / Yen giapponese (OANDA:AUDJPY)  
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OANDA:AUDJPY   Dollaro australiano / Yen giapponese
Technical Indicators Chart Patterns Trend Analysis aud 3fallingmethods falling3methods jpy boj nichigin
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indicator chartpattern trendanalysis aud 3fallingmethods falling3methods jpy boj nichigin
AUDJPY has come back up towards the highs of the range for a second time and has seemingly been rejected from the range. It is now breaking below trend and has confirmed a 3 Falling Methods at the break of the trend line. This time around I would expect a much deeper move down than the last time perhaps taking us to as low as the 1.618 Fibonacci Extension all the way down at around 30 AUD.

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