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LorenzoDecaria

Rejection candle at resistance confluence

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
LorenzoDecaria  
FX:AUDJPY   Australian Dollar / Japanese Yen
2
0
This looks a compelling short trade setup; today's candle is a neat shooting star at the major resistance level of 80 sharp. Plus, some more confirmation comes from the approaching 200 EMA, which acted as dynamic resistance all the way along this marked downtrend.
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