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Lach1217
Jun 13, 2019 6:33 AM

AudJpy Counter Trend Long Then Reverse 

Australian Dollar/Japanese YenFXCM

Description

Small counter trend opportunity on AudJpy, quite a few inside levels of resistance to be wary of but possible to go higher. If we reach that target zone, I would look to short down for a retest of the lows following our impulse with decent strength shown on the RSI. There is also a decent pattern formation on the 5 min with a double bottom followed by a bullish break.
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