Mihai_Iacob

AudJpy- 77 is strong sell zone

Short
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Like all "risk", AudJpy flew yesterday and ended the day just under significant resistance from 77.
I expect this resistance to hold and the pair could fall to 75 in the next period.
Sell rallies is my strategy for this pair and only a daily close above 77 would change my bearish perspective

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