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Navigating the AUDJPY Continuation Pattern | Forex

Published: 13.11.2023
by Joseph Jeffriess

In today’s video, we look at the AUDJPY on the daily chart, asking if it will continue its continuation pattern. We have run over the price action that drew us to this setup and what we want to see to give us confirmation. We have also run over warnings from the price that could invalidate the setup.

Today’s focus: AUDJPY

Pattern – HL Continuation
Support – 96.10
Resistance – 97.524

If we see buyer confirmation, we will then look for a test or break of 97.52 resistance. This could suggest that the current upleg is becoming a new short-term trend.

Good trading.

AUD | AUDJPY | Forex | Forex Trading | Currency Trading | Price Action | Technical Analysis | Trend Analysis | Chart Patterns | Technical Indicators | Continuation Patterns

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