Fxtrader313

AUDJPY possible direction

Short
OANDA:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY Weekly chart shows that it already completed Elliot Wave 1-5 and starts ABC pattern. Hopefully market is in B zone and it may create pattern for short targeting the level 0.7600. Weekly price action is still bullish and we need to wait and observe price behavior. Let get set up the short pattern and enter with the price action confirmation. We will update later.

Good Luck...

Read the disclaimer.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.