AJ developing a bullish channel

AUD/JPY OANDA:AUDJPY

AnalysisAndSignals

moment of writing, AJ is testing the 74.000 zone which is a neckline. from the previous lows, we see a rejection at the 618. I expect
a little more accumulation before going to the next bullish breakout. we can expect this kind of movements in the next week.

like you see, the extension levels are located inside the bullish uptrend. the numbers for the next week will give us more direction.

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