CapMoore
Short

Pennant on Hourly Chart

FX:AUDJPY   Australian Dollar/Japanese Yen
16 0 0
Pennant forming after the sharp drop yesterday, between a
rising trendline and the Daily PP. A close below may expose the
Weekly PP at 0,8305. Bearish signals on higher timeframe
gives a clear direction for intraday trades. A bounce should
be capped by the Daily R1 at 0,8556 or the Kumocloud.
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