greetings there follow traders from the community
hope you all are doing fine sorry for only publishing 1 analysis this week
i would have done more yet time is the issue
Heres a big trade on AUDJPY for those who love the auzzy pairs a big one awaits your execution on the #DAILY time frame
So whats soo #SPECIAL about the pair this #week
auzzy pair gained alot of bullish #momentum during the US election breaking out of the bearish channel or descending channel
giving us a bullish hint as price then respectively REACT on the significant and extremely bearish trendline and significant supply area
the sell will be imminent expecting a short sense a loss in #momentum and volatility after the US Election causing price to RETEST the broken CHANNEL and DEMAND zone at a targeting price of 74.478 before creating a 3rd touch on the trendline and falling once again
Hope you enjoy the rest of your weekend and trading week ahead
goodluck guys
Forex Mo
Founder and director of Forex Academy SA