AUDJPY: Bullish Channeling and a False Break, Long Opportunity?
Hello Fellow Forex Trader, Here's a Technical outlook on Aussie Yen!
Support the channel by giving us thumbs up and sharing your opinions in the comment section below!
Chart Perspective
Aussie is creating bullish channeling and a false break. The Stochastic Indicator created a golden cross in the oversold area, which indicates a potential bullish movement.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the Aussie Yen"
Support the channel by giving us thumbs up and sharing your opinions in the comment section below!
Chart Perspective
Aussie is creating bullish channeling and a false break. The Stochastic Indicator created a golden cross in the oversold area, which indicates a potential bullish movement.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the Aussie Yen"
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