AUDJPY: Your Trading Plan Explained
📊AUDJPY is currently in a consolidation phase, with the price forming a horizontal range 97.50 - 97.36 is s the neckline
If the price breaks and closes below support of the range on the 4-hour chart, it would indicate a strong bearish signal.
Traders should consider selling aggressively or on a retest, with a target set at 96.82.
If the price breaks and closes below support of the range on the 4-hour chart, it would indicate a strong bearish signal.
Traders should consider selling aggressively or on a retest, with a target set at 96.82.
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