AUD/JPY MAY BOUNCE FROM HERE

4H CHART EXPLANATION:

Price broke the Descending Trendline and started moving sideways on a range. Now it is facing the bottom of the zone, so we expect a bounce here towards the Resistance Zone. If the Resistance Zone is broken then it has potential to reach the next one at 76.500-76.600.


MULTI TIMEFRAME EXPLANATION:


-Daily:



-Weekly: