OANDA:AUDJPY   Australian Dollar / Japanese Yen
We may see downtrend. AUD JPY keep making HL in this week. Price being rejected after testing h1 supply zone. In m15, we see the price creating smaller demand zone. We may see if the price reject the zone or break the zone. If it breaks, we may see bearish downtrend after it hit the purple zone which i already make for pending orders for sell limit. If the price break the H4 supply zone, the bigger read rectangle, we will hit our stoploss. However if the price follow the analysis, we may see TP1 on smaller blue rectangle and TP2 on bigger rectangle. We will update the ideas by time.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.