The downtrend's more visible on the weekly tf (LHs & LLs)
50 SMA also dynamic resistance
The correction went past 50% fibonacci retracement (almost to the 78%) which makes it valid
The price found supply at the 80.00 psychological level
50 SMA also dynamic resistance
The correction went past 50% fibonacci retracement (almost to the 78%) which makes it valid
The price found supply at the 80.00 psychological level
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Full AUDJPY analysis:
