AUDJPY to hold back the bulls at market price?

27 мая

AUDJPY -24h expiry

Broken out of the wedge to the downside.
Price action looks to be forming a top.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
A move through 104.00 will confirm the bearish momentum.

We look to Sell at 104.30 (stop at 104.70
Our profit targets will be 103.30 and 103.05

Resistance: 104.25 / 104.50 / 104.75
Support: 104.00 / 103.25 / 103.00

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