AUDJPY - looking at downside targets of 91.000-90.000 then 89.500. As each target is met we go back to the drawing board for management and to anticipate whether or not next target is still valid. We have also touched on potential interim upside targets on time frames H1 and below before seeking entry to downside. A break below the H4 channel entries will be based off retest (RT) and bearish candlestick formation (PA Confirmation).
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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.