AUDJPY shows clear exhaustion after 2 weeks record breaking bullish uptick movements. I see a strong pullback to at least the 38% mark for AJ to pull back before either heading back to a bullish break through or a continuous downward trend.
Note
As predicted AUDJPY shot down and shall continue the downtrend till around the 93.221 mark (38.20%) prior to a retrace.Note
Continuous downtrend I shall continue to update via new posts for everyone to see.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.