AUDJPY: Bullish Divergence, Will It Go Even Further to 93.800?
Hi Fellow Forex Trader, Here's a Technical outlook on Aussie Yen!
Price Action Analysis
AUDJPY has broken out of the Symmetrical Triangle Pattern. The MACD Indicator also made a golden cross and hidden divergence, indicating a possible upside momentum to the target area.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the Aussie Yen"
Price Action Analysis
AUDJPY has broken out of the Symmetrical Triangle Pattern. The MACD Indicator also made a golden cross and hidden divergence, indicating a possible upside momentum to the target area.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the Aussie Yen"
Trade attivo:
Hit Entry Trigger, Wish us the best luck :)
Commento:
Forming another continuation pattern :)
Trade chiuso: obiettivo raggiunto:
Finally Reached the target after waiting for several weeks
Idee correlate
Supported our current analysis on Aussie Yen Outlook