LeLaf
Long

AUDJPY Morning star and Bullish engulfing

FX:AUDJPY   Australian Dollar / Japanese Yen
61 1 2
Sign of reversal with bullish candles.
Morning star pattern showed up last week (not confirmed) and an additional Bullish engulfing candle is currently being built as the day moves on.
Could be reversing to an uptrend soon, waiting for confirmation of candles.
Target is 98,527$ short term. Could go higher and continue up to 2013 summit.
Stopped out. Wrong read.
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