Dólar Australiano/Iene JaponêsViés de baixa
Ascending Wedge Breakout To Channel Bottom
The upper end of the larger channel pattern seems to have provided some resistance and price is currently moving back to the lower end of the channel, breaking out of the ascending wedge.
Looking for price to consolidate under ascending wedge before the move down to .236 fib support level, near the lower end of the larger channel pattern.
Look fro break of purple trendline to signal end of consolidation.
Good Luck!
Looking for price to consolidate under ascending wedge before the move down to .236 fib support level, near the lower end of the larger channel pattern.
Look fro break of purple trendline to signal end of consolidation.
Good Luck!
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