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Ryan_lopes
Jun 24, 2020 4:50 AM

BUY TRADE ON AUDJPY Long

Australian Dollar/Japanese YenFXCM

Description

Hello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.

As we can see, the price broke its trendline and also did a retest.

Let us know your views on this in the comment section. Thank you all.

There is good news for our followers. We will be analyzing on-demand. So, let us know which pair you want our analysis on and we will get it for you. Do like and follow us.

Ryan.R.Lopes

Trade closed: stop reached

Comments
FXCM
Nice clean analysis! Just the way we like it!

However we have a different view from yours!
On the 1H chart we have a bearish view!

Your thoughts?
riffster21
@FXCM, JPY pairs do this a LOT. They will break above down-trending resistance, then slide down or break below up-trending support and side up. The AUDJPY will probably make a shallow drop to the 73.00 area.
Ryan_lopes
@riffster21, Yes. There is a support at 72.600.
Ryan_lopes
@FXCM, I agree. I do see a support at 72.600. Nice analysis, Thanks for sharing.
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