AUDJPY: Bullish Divergence, Will It Go Even Further to 93.800?

Hi Fellow Forex Trader, Here's a Technical outlook on Aussie Yen!

Price Action Analysis
AUDJPY has broken out of the Symmetrical Triangle Pattern. The MACD Indicator also made a golden cross and hidden divergence, indicating a possible upside momentum to the target area.

All other explanations are presented on the chart.

The roadmap will be invalid after reaching the target/support area.

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"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the Aussie Yen"

Zlecenie aktywne:

Hit Entry Trigger, Wish us the best luck :)

Komentarz:

Yen: In line with our expectation, possibly going to drop even more :)
Supported our current analysis on Aussie Yen Outlook

Komentarz:

Forming another continuation pattern :)

Transakcja zamknięta: osiągnięto wyznaczony cel:

Finally Reached the target after waiting for several weeks