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AlbionTrader

AUDJPY in a box for too long: will it break?

Australian Dollar / Japanese Yen (FX:AUDJPY)  
AlbionTrader  
FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY BOX breakout box-breakout Wedge Support and Resistance Forex albiontrader
3
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audjpy box breakout box-breakout wedgepattern supportandresistance forex albiontrader
AUDJPY has been consolidating in a Box for 10 weeks now and started to form a Wedge inside that box in the last 5 weeks.

The pair will thus probably give a good breakout soon in one of the two directions with different level of Targets.

Patience required to plan the setup.
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