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AmateurWallSt2k16
Aug 12, 2016 9:33 PM

AUDJPY SHORT Short

Australian Dollar/Japanese YenFXCM

Description

The overall trend remains bearish to close the week. Price broke out of daily channel to form a double top at the 38.2 continuation level to drop hard and close within the zone in a nice doji. This doji may signal a reversal into a correction moving up to structure before dropping again. Looking to sell once price retraces to structure.
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