Sapphira

AUDJPY Potential Short Weekly

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
4
Looking at the weekly chart we see price has been moving sideways in a range for several weeks. It tested and was rejected at the .5 retracement level of the last down move and is again below resistance around 84.60. A bearish candle on the daily suggests price may continue back down towards support around 81.80.
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