This week started with a impulse movement. Yesterday things calmed down and managed to form many models of technical analysis that allow us to trade.
Triangles are currently forming in many places. But still a small part of them have broken through and started executing, so they need to be monitored.
But the triangle at AUDJPY already has a break and has started its movement! Here we expect the price to continue to the following resistance levels:
77.20 77.50 77.85
The model breaks down when the previous bottom breaks!
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