dnsmith

AUDJPY Short - Yearly highs and breakout

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY short opportunity.

Price is sitting at previous yearly highs, therefore breaking any higher will take significant effort.
On the shorter time frame we can see price retesting the previous high and price broke down from a rising channel.
A great chance for price to move back to the 100 or even 98 mark to the bottom of the daily channel.
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