AUD/JPY | Oct 2, 2019

If you have read my previous analysis of AUDJPY and my comments on it, you know that I was targeting 38.2% and 50% levels of whole swing up on daily. These targets have already been hit by AUD/JPY.

Today, I entered short at 30% retracement of recent move down on H1.

An up-spike was caused by RBA event yesterday but downward move continued because of dovish RBA.

Having seen scenario on USD/JPY, I am targeting 71.00 this time.

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