AUD/JPY | Sep 19, 2019

Sell at 35% of recent move down.

Target 38.2 of whole swing up on daily time-frame.

Risk: it fails if H1 candle closes above 74.3

Fundamentals: We expect the BoJ to keep its ‘QQE with yield curve control’ policy unchanged at the next monetary policy meeting ending today.

Australian Unemployment Rate came out to be 5.3% vs previous as well as forecast of 5.2%.

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