Genghis
Long

AUDJPY - Due a bounce?

FX:AUDJPY   Australian Dollar/Japanese Yen
64 2 1
- Sat on bullish trend line set up from 2009
- Approaching channel bottom
- Bullish trend line on weekly stochastic

snapshot

Played out beautifully. Rallied off trend line.
Hit resistance up into 86 and dropped through trend line
Now we are looking at a potentially double top and an opportunity to add short
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Genghis Genghis
snapshot

Over bought on the daily
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