AUDJPY SHORT POSITION
Those major rejections or hammers show us that AUDJPY has been overbought. Furthermore, according to fundamentals, Japanese yuan is set for a good week. Therefore, this bearish trend should go on for at least 2 weeks with an expected take profit of 66.5.
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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.