AUDJPY 5min analysis before the bell is bearish after rallying throughout Asian sessions last night the AudJpy formed a bearish head and shoulders as well as a bearish bat harmonic. Prices approached the critical 93.00 level only to pull back once again. Prices are currently resisting the head and shoulders neckline and continuing to move lower, Our current stop is at the 93.00 level and we are looking to add to our JPY exposure to the downside.
Comments
IvanLabrie
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Big picture wave 3 started...this should go down fast.