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robertdewick
Aug 26, 2017 11:40 AM

AUDJPY - ABCD (bullish) Weekly TF Long

Australian Dollar/Japanese YenFXCM

Description

Looking at the Weekly Chart, we can see we're seeing higher highs and higher lows.

I am anticipating another leg up into the 92.000 zone.

We saw a corrective double bottom on the previous leg (B-C leg), which has created a nice area of support.

I'll break down the Daily Chart next and look for confluences.
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