Australian weekly technical analysis AUD-JPY

The Australian Japanese pair is heading on an uptrend on the H4 frame, but the positive momentum started to diminish. We are waiting for a break of the uptrend with the last bottom and then entering short positions with medium-term goals up to 250 points at most. We advise all traders to enter trades with an appropriate stop loss and can be strengthened whenever the price falls. Watch the analysis from here on the Telegram channel


Adjustment: gain of +250 points