Overnight AUDJPY had strong bullish momentum which drove price upwards, however we could now be looking at a solid correction downwards before either a continuation upwards or, price will fall to create new lows beneath the demand zone. We had a small consolidation on the 15 minute timeframe and judging on the PA it is highly likely that price will be heading lower.
Trade active
I had moved my stop up by about 5 pips so trade is currently still runningTrade closed manually
Trade closed around BE
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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.