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tokelohomi
May 21, 2023 10:32 AM

Failed to make a wipe out 

Australian Dollar/Japanese YenFXCM

Description

The previous trading week price did not make the anticipated liquidity sweep, as a result we ought to approach this pair in a more cautious way. In this case patience is key. The abrupt drop spiked the immediate 4h demand zone and price started to consolidate, this could be an internal accumulation, looking for a hike to the upside in order to catch a nice bearish move…
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