Tricky Friday presents us with EUR/JPY & AUD/USD

TGIF fellow traders,

Before we bid the month of October goodbye, let’s see what the charts have for us:

 

 

1. EUR/JPY

Price on the EUR/JPY is already testing support level (122.367) of a triangle

If the breakout is confirmed, we may see price further drop to hit the next possible support level (120.755)

 

 

2. AUD/USD

A descending expanding channel can be seen on the AUD/USD.

Currently, price is testing support level 0.70260. If the breakout is confirmed, price next possible support level could be 0.69110

 

What say you?

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