flynnsforex
Short

AUDJPY potential short

FX:AUDJPY   Australian Dollar/Japanese Yen
10 0 1
Longterm trend on the daily chart is short. After a test of the 61.8 fib level, we can see price making lower lows, indicating a potential continuation down. Once the daily counter trendline is broken, we could see price drop to levels around the 27.2 fib extension, which also lines up with massive weekly/monthly support/resistance around 79-80

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