AUDJPY is making a correction (Falling Channel) of Impulsive up move started on 20th March
Price break above 200 Day MA, which also broken the down trend stared on September 2017
I’m Expecting Price to break upper boundary of the channel and goes up to 84.00 level (High on Dec 2018)
Look for Short Term Sell Around Upper Boundary of Channel (C- Leg of ABC correction) and then go Long around 72.50 (for Bigger move)
Price break above 200 Day MA, which also broken the down trend stared on September 2017
I’m Expecting Price to break upper boundary of the channel and goes up to 84.00 level (High on Dec 2018)
Look for Short Term Sell Around Upper Boundary of Channel (C- Leg of ABC correction) and then go Long around 72.50 (for Bigger move)