AUDJPY Short Idea.
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AUDJPY we have a doji candle formation on the weekly chart. Price struggle to break above the resistance level, after a strong bullish mover the price seems stagnating at this level. Price keeps forming week bullish candles, maybe the trend it's over and price will retrace. As well we have a strong weekly bearish divergence on the MACD.
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Entry take on the 15minutes chart. Has price failed to break above the weekly doji candle.
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