Iridium

AUD/JPY Technical Inflection point

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
0
Prices testing ^R2 (resistance 2) levels were there is also long standing trend line resistance any trading through this level would suggest further upside in the AUD/JPY exchange rate. MACD reading's are showing inverse divergence which is when the most recent swing high registers a higher reading on the MACD relative to the previous swing high thus being a bearish set-up.
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