gdf_fx

AUDJPY near extreme lows? sell bounces and play the range

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
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3
While I want to be buying YEN this pair is very over exposed to the downside.

Very little volume of orders below the 76.2 support so a bounce here up to the resistance is my anticipated play on this. in keeping with the long established down trend i will look for sells off of a rejection of the resistance.

below the range support would be my second short target S1 - 74.571