AUDJPY has broken the local support zone and created strong bearish price action. The daily price has created a very strong rejection from the top with a wickless candle. The 4H price has formed another strong bearish price action. There is a probability of another drop from daily 20EMA and 4H 38.1% fib level.
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As much as I want it to drop really hard, I think it’s going to possibly sky rocket. The market is unpredictable, but I see a major buy instead of selling. What do you think?