Hello Price Action Traders.
The AUD/JPY is struggling with the 96.090 area since April. The pair has tested the resistance level several times which means it’s a pretty strong area to break. The last reaction high is lower than the previous high which is a signal of weakness. If we look at the daily candles we can identify an Inside Candle, a Price Action signal. A break of the previous candle could be an opportunity for a short term trade.
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