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AudJpy: Reversal?

Weekly Timeframe:

Daily Timeframe:


AudJpy Weekly Timeframe: Evening star reversal formation under 75.000 key psychological with a 3rd touch of our trendline. if price maintains below this area we can see further continuation to the downside. Though our moving averages have crossed bullish we can scale down to read what price is telling us.

Daily time frame: Moving averages crossed though price is testing a counter trendline, if price manages to break this with a bearish daily close for added confluence for bearish continuation Current price 74.004 if we we break we can hope to see 70.500 key psychological.


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