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Aug 31, 2021 8:57 AM

AUDJPY D1 - Short Setup Short

Australian Dollar/Japanese YenFXCM

Description

AUDJPY D1

A nice daily swing setup marked here, really waiting for the D1 close to see a bearish rejection. Yesterdays close must be taken with a pinch of salt, due to market volume (bank holiday).

A nice bearish trend here with clear S/R trading zones, fresh lower lows and lower highs and nice fib corrections.

Daily timeframe, therefore daily confirmation required.
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