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AUDJPY is facing bullish pressure, potential for more upside!

Long
Australian Dollar / Japanese Yen (FX:AUDJPY)  
TradeGATEHub  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns aud jpy audjpylong
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trendanalysis harmonicpatterns chartpattern aud jpy audjpylong
Prices are facing bullish pressure from 1st support in line with 100% fibonacci extension and 61.8% fibonacci retracement. Prices might pullback to 1st support before pushing up higher towards 1st resistance in line with horizontal swing high resistance and 78.6% fibonacci extension. If prices fall through 1st support, prices might push down towards 2nd support which is in line with 50% fibonacci retracement and 161.8% fibonacci extension. EMA is also below prices, signalling a bullish pressure for prices.
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