ShipsyCapital

AUDJPY Sell - Weekly Trend Resistance Rejected

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
Would be interesting to see if bearish pennant or something similar forms here after rejecting the weekly trend to continue the distribution just occurred. COT reports have shown clear change in sentiment over past 3 weeks - see Monthly Idea for data.
Next Target 82.
Comment:
Turned out to be a small megaphone.

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