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Snick3rSD
Jul 3, 2023 9:19 AM

AUDJPY - Short after taking buyside liquidity ✅ Short

Australian Dollar/Japanese YenFXCM

Description

Hello traders!
‼️ This is my perspective on AUDJPY.

Technical analysis: After the change of character here price started to form lower lows and lower highs, so I am looking for shorts. I see price taking buyside liquidity first and then rejecting from bearish order block for delivering lower.

Fundamental analysis: Tomorrow we have news on AUD, will be released Cash Rate which was forecasted to remain the same, it could mean weakness in currency that could support our analysis.

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