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thelivingelite

TRADE THE TREND

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
thelivingelite  
FX:AUDJPY   Australian Dollar / Japanese Yen
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AUDJPY seems to be making lower lows and lower highs meaning we are in a downtrend. In this play we will be looking for a short entry where price retraces back into resistance. TP will be a fibs extension with support confluence.

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