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theforexportal
Sep 26, 2016 5:48 PM

LONG AUD/JPY developing Long

Australian Dollar/Japanese YenFXCM

Description

The AUD/JPY is approaching an area of support so we need to look at the lower time frames to see if we can find an entry.

Looking at the H1 time frame the area between 76.27 and 76.16 looks interesting.

We at Carleton Capital will go LONG AUD/JPY from 76.16 with a STOP below the recent low at 75.94
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