Noldo

AUDJPY : Retractions may be Expected

Short
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Hi.
Percentage change of General Terminal in the process of 61 1D bars (DXY Drop Period):


AUD is still quite strong compared to the Japanese Yen.
In this context, withdrawals can be expected in the pair.
Note that the signal has not yet arrived.
Therefore, I cannot give an analysis with stop loss,tp and risk / reward ratio.
But let it be, let's be on the alert.
Regards.
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