tradetoprofit

AUD JPY special zone 82.200 down to 81.100 possible breakout

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
Price respects this zone going back 3 years. We are currently extended deep into it. But the market has still respected it. The final box is in heavy consolidation for the past 23 weeks, I am looking for a bearish closing candle outside of the consolidation box, to form a possible breakout to the downside.

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