OGFXTRADER

AUDJPY LONG PRICE ACTION FORECAST

Long
FX:AUDJPY   Australian Dollar / Japanese Yen

After a full month into consolidation, trading in a descending channel, the AUDJY pair managed last Friday to finally broke the resistance level. Price after reaching the resistance level, a pullback is expected towards the "--" or either a better entry at the "...' line - Both are Fib levels. Levels entries could potentially set an R:R - 1:4

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