AUDJPY CHANNEL SUPPORT REACHED
MARKET ANALYSIS: The pair is now trading inside a channel now. If the channel support holds we can expect a upward move to the next possible channel resistance. Mean while there is support under the channel support. If channel breaks the market can get a support hold and can rally up to the next possible resistance level .
P.S: It’s not necessary that the market need retrace then go for a uptrend it may go aggressively too. So use trading methods to benefit ur need. Cheers!