Looking at AUD/JPY on the 30 min timeframe, we can spot an ascending formation that was broken and is currently being retested. Not breaking above the retest zone could be a great short opportunity towards 93.96, the 61.8% Fibonacci Retracement level.
Breaking below 93.96 may push the price for further downside towards retesting the channel's beginning at 93.39. Goodluck!
M.Y.
Breaking below 93.96 may push the price for further downside towards retesting the channel's beginning at 93.39. Goodluck!
M.Y.