AUD/JPY is streghten, but still alert on this opportunity

Australian Dollar/Yen Japanese show a gains that fundamentally Australian Economy is into the recovery. So, we hope that AUD formed a ascendent triangle to continue up!!! Right now, in H4 timefrmae we see a 3 candlestick of indeciison and that mean that market could be to make a reversal to maybe down 44 pips in average to formed this accumulation zone!!!


In Daily timeframe, AUD/JPY is formed an ascendent triangle and that show another big accumulation that investor are buying Australian Dollar on cheapest level!!!.

At the moment, the trend is neutral and I do not reccomend to trade any short or long position, but our thinking is in long and we would need to wait and be patient to make a formation clear that I believe it.