TWO SCENARIOS FOR AUDJPY.
For short: I think it's a good idea to short from 50% level to target the bottom at 72.5.
For long: it's wise to long from purple area. The first entry would be if there is a retest of the lower purple box. Second entry would be after the weekly downtrend has been broken, then a retest of the trend line around the second purple box.
For long: it's wise to long from purple area. The first entry would be if there is a retest of the lower purple box. Second entry would be after the weekly downtrend has been broken, then a retest of the trend line around the second purple box.
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