AUDJPY - Weekly chart overview

458
This weekly chart is posted to give a quick overview of the AUDJPY technical context for the next weeks.
We can see that the pair has brokedown the support of the rising wedge. We can reasonably think that the downtrend will continue until 82.00 then 78.00 in extension. We will probably see some pullbacks during the decrease which could form a descending channel or a falling wedge depending on the strenght of the downtrend.
The best strategy to adopt is to look for pullbacks then enter short on high points of pullbacks.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.