Why I don’t trust this bounce on AUD/JPY #audjpy

Check out Matt’s original call for a bearish AUD/JPY:

Matt’s short bias for AUD/JPY sprang into action quicker than expected two weeks ago. While support has since been found, it looks like it wants to retrace against that initial drop. Yet Matt has his eyes on the bigger (and more bearish) prize. And when comparing this cross to other yen pairs, he suspects another leg lower could be due when the current bounce fizzles out as anticipated.

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