OANDA:AUDJPY   Australian Dollar / Japanese Yen
You can see the stopping volume at support. Makes sense that the buying would fire up at support. Still phasing and we don't like to enter trades in the supply/demand phase right (phase B?)

Looks like buying came in quite aggressively into each low attempt. Would be careful short.

Looking for a spring on high volume to confirm any reversal... or maybe a fake out to the upside with diminished demand.

Look for volume at support and resistance and ask where the higher concentrations are located (support= buyers/ resistance = sellers).


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