AUDJPY was trading in bullish parallel channel and then has given very strong break out from channel. Currently the price is retesting the broken levels which is also a 38% fib retracement and it seems like the bears will take control again and send the price even lower level.
What you guys think of this idea?
AUDJPYbeyondtechnicalanalysisbrokenstructureChart PatternsfibretracementTechnical IndicatorsJTSTrend AnalysisTrend Line Break

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