DOUBLE BOTTOM FORMATION-LOOKING TO BUY AUDJPY
AUDJPY had formed a double top chart pattern and broke the neckline and changed structure to the downside. The pair has recently formed a double bottom chart pattern and has broke the neckline and retested of the neckline to form a new trend to the up-side.The retest touched the 38.2 fib retracement zone and is looking to spike up to continue the up trend.