AUDJPY is trading in expanding wedge pattern, we might see some downside from the current price level in AUDJPY towards the minor support and then if it breaks minor support on the downside, it may examine expanding wedge support level .One can initiate the trade at the current level with a stop loss just above the expanding wedge resistance line.

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Thanks.

Vivek

Vivek

have half a decade of experience as a trader and enthusiastically learning & developing new strategies and convert it into algorithm trading & also analyzing the companies with ESG method.