AUDJPY Daily analysis 1/19/20

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AUDJPY Short Idea

The monthly & weekly are both bearish while the daily and 4 hour time frames are bullish.

On this daily time frame we have found resistance around our monthly level at 76.000. We can see a daily engulfing candle formed and price action is looking to make a push down toward 74.500

More bearish variations at the current level will confirm this move.

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