AUDJPY - Big retracement coming

AUDJPY has been on an unstoppable bull run throughout June and Friday 16th daily candle closed with a bearish rejection of the monthly resistance of 97.615

I am anticipating a retest of the High (possibly in Mondays London Open) and a rejection, followed by a bearish move up to 190 pips to the daily Fair Value Gap (FVG).

My Target is 95.821

Kommentar:

109 Pips so far, around 70 to go

Trade geschlossen: Ziel wurde erreicht:

Expecting a reversal tomorrow and back at the high by Friday

Congrats if you took it!