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Nyocha AUDJPY - Jenụwarị 23
AUDJPY faces a downside as the bullish momentum falters. Despite the ongoing pullback, the market’s order flow is still bullish. With the inability to break through the bearish order block at the premium zone, the bullish momentum in AUDJPY seems to have stopped. There will likely be another downward crash because the bullish motive trend seems to have stopped.
Ọkwa AUDJPY
Mpaghara Achọ: 93.700, 91.810
Mpaghara mpaghara: 98.590, 100.000
AUDJPY Ogologo Ogologo oge: Bullish
Since the price was unable to invalidate the bearish order block in the premium zone, it appears that the bullish motive trend has come to an end. From 90.260, the AUDJPY motive -emekarị started to gain strength. Following a noteworthy period of wide-range consolidation below the prior resistance at 91.810, the reversal occurred at 90.260. The price created a breaker block during the reversal as it rose quickly to the upside. A later return from the adịchaghị zone verified the validity of the breaker block. Due to the overbought condition of the market in the premium zone, the recovery started with a turnaround of around 97.670.
AUDJPY saw a significant retracement in fractals before testing the 91.810 price level again. However, in fractals, the response at the breaker block gave rise to a tremendous expansion. In the middle of the bears’ conflict, this third impulse made it very evident that the bull was in complete control. Following the suppression of the bullish momentum at the 98.590 supply zone, there was another significant correction. Around 98.000, a beish order block developed during the decline. As the fifth impulsive swing becomes curtailed in the premium zone, the bearish order block is probably going to set off the looming bearishness.
AUDJPY Ọnọdụ dị mkpụmkpụ: Bullish
AUDJPY rallies alongside a diagonal support on the four-hour chart. A buy-side liquidity grab at 97.800 has triggered a sell-off as the bulls exit the market. A breakout from the diagonal support is expected to cause a massive crash into the discount zone.
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