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
Comment:
Full AUDJPY analysis:
