AUD / JPY has been trading in a range since march. I have been selling at R1 and buying at S1. This last attack on R1 has been pretty aggressive so i will be watching for any weakness of R1.
wH Channel:
Notice that despite being in a range, the channel has down a pretty good job of predicting the outer price bounds. Also notice that the channel has had a slight uptrend.
wH Channel:
Notice that despite being in a range, the channel has down a pretty good job of predicting the outer price bounds. Also notice that the channel has had a slight uptrend.