Thu, 06 Aug 2015 14:55:05 GMT
AUD/JPY 4H Chart: Double Bottom
While in the one-hour chart the Aussie/Yen cross is trading inside the boundaries of ascending triangle pattern, in a longer-term time frame this currency pair formed a double bottom. At the same time, since the previous week the Australian Dollar has been recovering, and the pattern's resistance is likely to be approached shortly. However, the main risk is now being