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UnknownUnicorn200545
May 31, 2016 2:53 PM

Exhausted bears Long

AUSTRALIAN DOLLAR / JAPANESE YENICE

Description

With a period of consolidation, following a strong bearish trend, you may find corrective opportunities, as profit seekers close positions, and bears play the corrective wave.
The MacD has crossed up.
Bollinger band width has settled, indicating an end to the bearish trend.

From the time of posting, the last 28 hours we have seen a rise on the 4 hour.
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