Australian Dollar / Japanese Yen
Short
Updated

AUDJPY short

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 running
Trade closed manually
Trade closed around BE

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