. There is still a possibility of temporary retracement to suggested resistance line (73.17). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. AUDJPY is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The is at 33.
TP1= @ 72. 40
TP2= @ 71.80
TP3= @ 70.90
SL: Break Above R2
Thank you for your time and sharing of knowledge.