FX:AUDJPY   Dollar Australia / Yen Jepang
1
Once again H&S pattern from the past catches my attention. As in EURJPY, I am not interested in the pattern itself but the former neckline is a totally different story. In this case it is especially interesting as some may say that the H&S pattern failed, hence the neckline has no value. Very much possible - but looking @ the price action and how the pair has built a nice support area for itself around 50% retracement area, I suspect that the former neckline + 61.8 retracement level may act as magnet for the price (the area in the box). Time will tell how it turns out.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.