It seems that JPY will be highly likely to be bullish today (i might be wrong); but if it plays out, then we can look for a potential short opportunity on AUDJPY if it breaks out of the identified support level. We will then open a sell position. If the setup is valid, then we will have ourselves a high probability trade with a good risk to reward ratio. Therefore, i will suggest readers to set alert on the indicated price levels to not miss out on the trade.
Trend Analysis

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