AUDJPY- Bearish...maybe.

٢١ أغسطس ٢٠٢٠

So there is a legit argument that AUDJPY is now bearish, rightfully so, it has just between squeezed to the south side of the ascending triangle. That being said, I'm not still convinced. I believe there is possibility we could be looking at a bear trap, AJ could have one bull run left in it before prices see a serious decline. Also just for fun I found a Cypher Pattern that may form up. Good luck everyone.