AUDJPY: Finally The Price Broke Down of The Correction| Next
AUDJPY:
In the daily chart, the price is close to a strong resistance area located on the left side of the chart.
From the current area, we can see it moving lower after creating a new lower low in the price.
The correction expanded for almost one week and it can move down already.
Now it is expected for the price to expand the bearish momentum and we can see it reaching 80.67 and the lower part of the structure located at 70.50
Thank you and Good Luck!
Previous analysis:
In the daily chart, the price is close to a strong resistance area located on the left side of the chart.
From the current area, we can see it moving lower after creating a new lower low in the price.
The correction expanded for almost one week and it can move down already.
Now it is expected for the price to expand the bearish momentum and we can see it reaching 80.67 and the lower part of the structure located at 70.50
Thank you and Good Luck!
Previous analysis:
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