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AUSSIE YEN: Bearish outlook on JPYBASKET,AUDJPY Goes Bull Again?

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SAXO:AUDJPY   澳元/日元
Hello Fellow Trader, Here's a Technical outlook of AUDJPY!

AUDJPY has broken out of Descending Broadening Wedge. Furthermore, The MACD indicator created a golden cross, indicating potential bullish movement ahead.

All other explanations are presented on the chart.

The roadmap will be invalid after reaching the target/Support area.

"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the Aussie Yen"
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