UnknownUnicorn1250337

AUDJPY/ Buyers are strong, but how?

FX:AUDJPY   Australian Dollar / Japanese Yen
We can see a strong resistance level at 83.877. The RSI shows that the chart is in the overbought range, so there will be a correction. I think this correction will hit at least tha Fibonacci level 61,8%, so we can open short positions now. But don't forget about the uptrend, so be gently with the position size. After the correction, we can open big long positions.
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