The AUDJPY Stuck in Consolidation

The AUDJPY Stuck in Consolidation

Last post: March 25th. See chart.

Review: Price had broken support. The bears were showing signs of moving to 80.00.

Update: Price reversed, soon after breaking out, taking price into a consolidation.

Conclusion: Price found resistance last week and showing signs of bearishness again. Standing aside until 80.00 is confirmed as resistance.

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