Dólar Australiano/Iene Japonês
Viés de alta

AUD/JPY preparing for a sustained bullish move

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It is because Market Cycles that chart patterns appear and not viceversa
Falling wedge signify contraction of supply (demand increase as bulls start to accumulate
by shorter lower lows {pushing price up} on 26 September , 28 September and 29 September
, finally 2 October there is no Lower Low , signyfing even more pressure of bulls and on
the same day we have a higher high at the start of the day signifying a temporary strong demand but still unconfirmed.
More accumulation (bulls join) one day later on 3 October with a Higher Low but no Higher High.
As soon as there is a Higher High above High of 29 Setpember and High of 2 October , Moving Average 50 will start to rise and bulls will win the battle and a Markup Phase (bullish trend) most probable will start.

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