AUDJPY has more reasons to resume the downtrend
On the daily timeframe, AUDJPY pair edged lower after breaking below the rising wedge supported by weak momentum as well as the major trendline and the key support 82.50
My technical bias is bearish but after a confirmed breakout below the 200EMA on the daily timeframe to resume the downtrend and target levels of 78.46
My technical bias is bearish but after a confirmed breakout below the 200EMA on the daily timeframe to resume the downtrend and target levels of 78.46
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