AUDJPY: Bearish Pullback Short
AUDJPY has reached a horizontal resistance level.
As you can see, the RSI indicator is also in the overbought territory.
I think we might see a bearish pullback to the 1st support which also aligns with the 38.2% Fibonacci level.
As you can see, the RSI indicator is also in the overbought territory.
I think we might see a bearish pullback to the 1st support which also aligns with the 38.2% Fibonacci level.
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