40 days later AUDJPY provided a tradeable range of over 300 pips however as momentum is starting to slow down I doubt the draw on liquidity will be met this year. Nevertheless the bias was correct and we can now see that price traded into a daily rejection block and started a pullback into the range, if price forms a swing high we could see price potentially keep trading lower to the draw on liquidity
Beyond Technical AnalysisTrend Analysis

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