JoeChampion

AUDJPY:Breakout and Potential Retrace along with JPY strength

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
Hey Traders, AUDJPY was trading in an uptrend and then successfully managed to break it out and now is in a correction phase. i expect a potential retrace around 89 supply and demand zone at the trend as JPY shows some strength. one of the reasons JPY is strength simply as it's considered a classic safe haven in this type of environment in which we have multiple sentiments, global inflations in which most central banks are heading into a rate hike.
Feel free to ask any question in the comment section.
Trade safe, Joe.

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