Australian Dollar / Japanese Yen
Short
Updated

AUDJPY SHORT THE PULLBACK

485
Hi everyone:

Another quick opportunity on AUDJPY SHORT, as the daily chart is hitting resistance, and 1 hr chart broke down support. Now we are seeing a nice pullback, forming a bearish flag pattern. We can potentially target a daily pullback to 38.20%.

Thank you for your support and feedback.
Note
Here is the daily chart:

snapshot
Note
Enter short again after price rejected the resistance around 86.50 to form the Head and shoulder Pattern

snapshot

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