bigpipin

Audjpy possible breakout

Long
FX:AUDJPY   Australian Dollar / Japanese Yen
0
Waiting for a long breakout of the daily flag pattern, we have a nice bullish engulfing pattern for more confirmation of a stronger Aud dollar. Once broken I will look for a retracement back to the upper trendline of the flag to go long. On the weekly chart we also have a strong bullish candle for even more evidence of a rally to the upside.
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