AUDJPY has rallied strongly and reached the previous high yesterday. However, it is possible that there could be a reversal in this area. So, watch for bearish price action and sell with 75.50 as TP1 and 74 as TP2. SL can be put at 77.20 The above set-up will be invalid if price closes above the resistance level.
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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.