AUDJPY – Bearish Bias
- Pattern: Double Top + Supply Zone Rejection
- Current Price: Around 96.65
- Expected Target: 96.10
- The chart shows a double top pattern near the supply zone, signaling potential weakness.
- Price failed to break above the supply area twice, creating bearish sentiment.
- A pullback towards resistance followed by rejection could trigger a move down to 96.10.
- Pattern: Double Top + Supply Zone Rejection
- Current Price: Around 96.65
- Expected Target: 96.10
- The chart shows a double top pattern near the supply zone, signaling potential weakness.
- Price failed to break above the supply area twice, creating bearish sentiment.
- A pullback towards resistance followed by rejection could trigger a move down to 96.10.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.