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Sherod-Malik
Feb 22, 2016 3:20 AM

AUDJPY going long Long

Australian Dollar/Japanese YenFXCM

Description

AUDJPY showing possibilities of completing Gartley pattern after fulfilling both completions of .5 retracement lines. Once trends shows it respects trend line, pair shows it could complete with 1.414 and 78.6 ratio confluence.

Currently pair is showing divergence which could lead to a minimal retracement to trend line then continue upward trend.
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