Australian Dollar / Japanese Yen
Short
Updated

Aud/Jpy (Bearish) (Small Risk : High Reward)

122
- Price could break black trendline
- Look for re-test of trendlines (black & blue)
- Observe price action at 70.30
- Immediate entry can be placed at 70.30 or wait on bearish candle stick formation for entry

- NB: Small risk high reward trade
Note
Risk can be adjusted slightly higher
Note
Based on price action

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