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ChrisDuffy

AUDJPY - Big retracement coming

Short
Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
ChrisDuffy Updated   
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Double Top or Bottom
6
0
trendanalysis doubletoporbottom
AUDJPY has been on an unstoppable bull run throughout June and Friday 16th daily candle closed with a bearish rejection of the monthly resistance of 97.615

I am anticipating a retest of the High (possibly in Mondays London Open) and a rejection, followed by a bearish move up to 190 pips to the daily Fair Value Gap (FVG).

My Target is 95.821
Comment:
109 Pips so far, around 70 to go
Trade closed: target reached:
Expecting a reversal tomorrow and back at the high by Friday

Congrats if you took it!
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