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cheesybites1
Feb 25, 2018 6:13 PM

Trade of the week : Long AUDJPY Long

Australian Dollar/Japanese YenFXCM

Description

Expecting AUD strength across the board for the upcoming week. Pair closed with a long wick at the bottom of the candle last week. Risk reward ratio as shown on the chart.

Trade will be considered invalid if price closes below 83.3

Comment

-Trade position open @ 83.85

Trade closed manually

Trade closed with profit of 5 pips. Does not look good for Audjpy with yen strength.
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