forexwithfred

AUD/JPY - Supply & Demand Analysis

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FX:AUDJPY   澳元/日元
AUD/JPY showing bearish sentiment with 61.8 fib holding, will wait for drop

200EMA is still below price, which could justify short-term bullish momentum before dropping towards demand zone

D1 timeframe forecasting bearish EMA cross (10 & 42EMA)

Price has tested supply zone multiple times, showing strength as a resistance zone
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