AUD/JPY bearish bias
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The AUDJPY could experience a quick sell off towards the previous low at 90.15-10.
The price is currently testing the supply zone and spending that time to make a very slanty head and shoulder pattern with a sure expanding ascending pattern.
This indicate a long term run towards the weekly top at 96.00=50, however the RSI indicator shows triple tops at the OB level, which could support the short term sell off towards the 50% & 61.8% fib area.
Check the chart put and plan your trades accordingly.
The price is currently testing the supply zone and spending that time to make a very slanty head and shoulder pattern with a sure expanding ascending pattern.
This indicate a long term run towards the weekly top at 96.00=50, however the RSI indicator shows triple tops at the OB level, which could support the short term sell off towards the 50% & 61.8% fib area.
Check the chart put and plan your trades accordingly.
Nota
Here is how AUDJPY is goingNota
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