Description
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Update for AUDJPY.
The price was nicely rejected from a resistance line of a falling parallel channel on a daily.
To short with a confirmation, pay close attention to 92.4 - 92.55 area.
It is a neckline of a head and shoulders pattern that I spotted on 4H.
Wait for its bearish breakout (4H candle close below), sell aggressively or on a retest then.
Goals will be 91.9 / 91.3
If the price sets a new high, the setup will become invalid.
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