CapitalHillFX

Possible Sell Opportunity on AUDJPY

Short
OANDA:AUDJPY   Australian Dollar / Japanese Yen
I'll be waiting for price to retrace back to the hourly zone on AudJpy. We've had a bearish rejection away from the daily/H4 resistance zone for the time being. Now I would just like to pinpoint a good entry back to the hourly resistance level. If price could retrace back to this level, we could have an ideal Risk:Reward setup. Just patience for now.

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