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AliSignals
Aug 7, 2023 1:44 AM

AUDJPY:  Short

FX:AUDJPY240
Australian Dollar/Japanese YenFXCM

Description

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The combination of several reasons mentioned in the chart can be a good reason for the strength of the 95,000 range.

If the bears have enough strength to break below 91.800, the chances of a return from 95.00 will be higher.

Don't forget to check the news and risk and capital management
Trend AnalysisPivot PointsSupport and ResistanceaussieyenAUDJPYjpyaudsupportandresistancezonesorderblocksvolumeanalysis
Comments
TheFxAce
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Strong short perspective. Do you have any strategies for handling overnight risk?
AliSignals
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@TheFxAce, Thank you so much. Considering amount in risk and relatively big-enough SL. I'm not worried so much about " overnight risks". However there is always a small chance of losing more than minimum risk percentage.
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