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John_Mwaniki

AUDJPY Analysis: Rising channel breakout - retesting

Short
Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
John_Mwaniki  
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators AUDJPY audjpyshort audjpyanalysis audjpysignal channelbreak
10
0
trendanalysis chartpattern indicator audjpy audjpyshort audjpyanalysis audjpysignal channelbreak
Hi traders,
The price broke from the rising channel and is now completing the retest.
I see a high likelihood of the price going downwards if the retest will be successful.
Breaking of the price back into the channel will invalidate this analysis.
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