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iamarielle_868
Jan 7, 2021 2:03 PM

AUDJPY, break and possible retest. 

Australian Dollar/Japanese YenFXCM

Description

Price has been on a long term uptrend making higher highs and higher lows. Once again, price has broken above previous resistance. If price pulls back to this support and resistance zone we can drop to a lower time frame and monitor for a reversal pattern before entering another buy. However, if price breaks below this zone we will need to wait for additional confirmations before taking any sell trades.
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