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AUDJPY - Being hammered down by the underside of the Channel

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Dolar Australia / Yen Jepun (FX_IDC:AUDJPY)  
Legionnaire  
FX_IDC:AUDJPY   Dolar Australia / Yen Jepun
AUDJPY aussie USD (US Dollar) fx Forex Currencies
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audjpy aussie usd-us-dollar fx forex currencies
AUDJPY - Been watching this for a while and I am amazed by how much the broken channel support line has resisted price thus far. Pair is ranging between 94.63-89.37 (Flag pattern) and requires a catalyst for the next directional move but currently the pendulum looks to be swung in the favor of the Bears. Only a break above 94.63 could see the pendulum swing in favor of the Bulls. Shorts preferred!!

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