AUDJPY Short
This price made a pullback from the bearish momentum formed in July - August, and has been confirming the fib levels between that range.
Also, it has been forming a rising flag since it touched the lowest low, which IMO is a strong indicator of a strong bearish momentum.
As for now is on the 0.5 fib level 99.95, and I do anticipate that the price will continue with the bearish momentum.
An analysis using a shorter timeframe will follow so that we can know our entry position.
Also, it has been forming a rising flag since it touched the lowest low, which IMO is a strong indicator of a strong bearish momentum.
As for now is on the 0.5 fib level 99.95, and I do anticipate that the price will continue with the bearish momentum.
An analysis using a shorter timeframe will follow so that we can know our entry position.
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