AudJpy- to resume its downtrend?- weekly view
2020-01-19 12:39:49
The long-term trend for audjpy is clearly down, and the rise from 70 low is corrective in nature and can be seen as a flag.
This correction stopped at the important resistance level from 76.50.
I think the market will resume its downtrend and a retest of the 70 low is possible in the first quarter of 2020.