Analysing the AUDJPY currency pair, it's evident that it has encountered a pivotal support level following a robust bearish momentum. Presently, price appears overextended, which may trigger a retracement.
As always, comprehensive insights are provided in the accompanying video, where we delve into aspects such as price action, market structure, and other critical elements of technical analysis. It's essential to emphasize that the content presented here is solely for educational purposes and should not be construed as financial advice. It is paramount to exercise prudent risk management practices when engaging in trading activities.