AUDJPY Daily Analysis 2/16/20

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AUDJPY Short Idea

This pair has been very bearish on almost all timeframes. We saw price action retest broken support as resistance last week.

We can see it actually came to test this zone twice and now we’re looking short upon rejection from this level.

Ideally strong bearish setups confirming this continuation would be enough to enter on.

We’re looking to target lower toward our 71.700 level

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