The AUDJPY could experience a quick sell off towards the previous low at 90.15-10. The price is currently testing the supply zone and spending that time to make a very slanty head and shoulder pattern with a sure expanding ascending pattern. This indicate a long term run towards the weekly top at 96.00=50, however the RSI indicator shows triple tops at the OB...
These are my analysis for some of the markets that I follow.
Price has reached a good resistance level. Engulfing candle has appeared rejecting 50% fibonacci retracement. Now we can expect bearish movements till the next minimum level.