AUDJPY: Crucial rejection!!! BEARISH retracement opportunity!!!
We managed to see an important rejection for AUDJPY at the 161.8% fib level. I will be looking for a short opportunity to my supply level in green. This will be a short term trade opportunity. However, if we managed to see price breaking the support level, I will expect a 61.8% move. If not, the bullish climb will continue eventually seeing 261.8% and higher. As of now, I will stick to this short opportunity. I will update again once we reaches the support zone.
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