澳元/日圓
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AUDJPY 4hour Analysis September 12th, 2021

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AUDJPY Bearish idea

Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish

Trade scenario 1: We’re seeing some strong bearish volume stepping in here and we officially have a 4hour transition with the confirmation of a lower high.

From here we’re looking for support at 80.750 to break with a lower high below. We have a lot of room to fall if this level breaks so be patient.

Trade scenario 2: For us to consider AJ bullish we would ideally need to see a higher low above 81.400 with strong bullish setups.

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