Bears in Control on The AUDJPY? Short
Australian Dollar/Japanese YenFXCM
Description
⋅ Last post: March 27th. .
Review: Price had bounced off resistance and was showing strong signs of weakness.
Update: Price has continued to weaken and is now trading below the daily 50sma.
Conclusion: Still applying patience until the support ahead that includes 80.000 is cleared before placing short trades.
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