AUDJPY buy on retrace.
Why to:
* Perfect allignment with fib 382
* JPY weak agains all curencies
* Lines with trendline
* Have 1h confirmation candle
* 4H bullish candle
Why not
* Some could look as broken trend in 1H
* Could go lower to test fib or 200sma
* News Construction Work Done QoQ didnt meet expectation real 0.2% exp 1.1%
Why to:
* Perfect allignment with fib 382
* JPY weak agains all curencies
* Lines with trendline
* Have 1h confirmation candle
* 4H bullish candle
Why not
* Some could look as broken trend in 1H
* Could go lower to test fib or 200sma
* News Construction Work Done QoQ didnt meet expectation real 0.2% exp 1.1%
Reopen another.