FX:AUDJPY   Australian Dollar / Japanese Yen
35 0
Monthly Uptrend

Weekly S&R plotted - where price curently sits

Daily Fib with retracement from the 38% level

4 hour Uptrend channel which price has just broken to sit on an area
historical of S&R
4 hour Fib with price retracing from the 38% level which is confluent with
the Daily 38% and the 1 hour 1% level

1 hour CTL in a downtrend with numerous touchpoints which have respected the
1 hour Fib with price just hitting the -27% level

Target 1 = 0% Fib level on Daily and 4 hour charts - once the current area of
S&R is broken and retested before a continuation

Target 2 = TBC. Target 1 would be a big move so price action would need to be
monitored in order to identify another target


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