AUD/JPY Expecting a move up in Short term for correction

27 Eyl 2020

Yo Traders,

AJ absolutely slid last week and the resistance did not hold as i expected.
If you see on the multiple TF analysis, the daily TF is now at the 200 EMA. If this holds we will be in a correction for the last swing approx in between the 61.8% and 50% FIB level on 4H TF. The RSI is also presently in the oversold range.

Lets wait and watch how the price moves.

Thanks
Madtradex

4 Eki 2020

Not

Price moved perfect as expected