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sanyan23
Dec 24, 2018 10:19 AM

AUDJPY Potential Long Position Long

Australian Dollar/Japanese YenFXCM

Description

The pair has fallen 400 pips in 10 days reaching my monthly support line, expecting a reversal in direction coming soon for a potential long term move upwards. If the pair breaks the structure, a tight stop loss should be in place to recover any losses.
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