AUDJPY: falling wedge

2 ก.ค. 2023

After a strong rally, the AUD/JPY has recently formed a falling wedge pattern, which it has now broken out from. This suggests that we can anticipate further upside momentum as it aims to retest previous highs. Traders should keep a close eye on this pair as it presents potential trading opportunities in the ongoing upward trend.

Daily chart:
https://www.tradingview.com/x/zr9MFoZr/

Good trading!
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