Technician
Short

AUDJPY: 20+ Years Sideways Range #forex

FX:AUDJPY   Australian Dollar / Japanese Yen
1843 6 56
The chart is self explanatory. A well-defined long term sideways trend. We had the last test of the top of the range in late 2014, then we broke lower. Trend line break and 5-Year Moving average break. Are we heading towards the bottom?

http://thefxchannel.com/
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Technician
https://thefxchannel.com
Excellent post as always Technician! Hehe =)
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Thank you Technician for the amazing update. Your updates are always very helpful. :)
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Technician PRO Navdeep_Singh
You are welcome buddy
+1 Reply
I already put up an idea about nzdjpy. Your idea adds to the conviction that the idea's probabiity of playing out as expected is high. Thanks
+1 Reply
Possible ! Broken Ichimoku cloud and very little support for the lagging span... Last attempt to get back into the cloud failed so far, so we may well dive until 74 or something.

snapshot
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snapshot

amongst the sideways, there were tonnes of opportunities though ^_^
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