Tuesday Market Analysis: AUD/JPY

Good day traders,

If I were to hold on to just one trade during the CPI news today, it would be:

1. AUD/JPY

If the 6 am candlestick on the AUD/JPY gives us a doji, there is a likelihood that price will revisit NPSL

The over-bought stochastic, price touching the 200 ma and a key resistance zone gives us enough clues that buyers are possibly out of steam

What say you?

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