AUDJPY Trading at Support level Of Descending Triangle

Dolar Australia / Yen Jepun (OANDA:AUDJPY)

OANDA:AUDJPY Dolar Australia / Yen Jepun

trendanalysis chartpattern aud jpy audjpyanalysis technicalanalysis longtrade shorttrade

AUDJPY was trading in Descending Triangle pattern and also it is trading near the support line of Descending Triangle pattern. If the price level closes below the support line of descending triangle then we might see further downside in pair. Trader can catch 50 to 100pips of downside by taking short side trade on pair, if it breaks out from the descending triangle pattern.

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