FX:AUDJPY   Australian Dollar/Japanese Yen
103 5 2
As the sellers show first signs of weakness, there's just another long opportunity. Not much to come by, but at least the previous high of Sep. 10th is expected to be matched.
cryptoyoda
3 years ago
That worked rather well :) What made you think it would break higher - the support on the lower sliding parallel?
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ForceFollower cryptoyoda
3 years ago
Thank you. It was:
1) AUD's recent overall strength,
2) JPY got recently too strong for its general weakness,
3) the break of the red downsloping sliding parallel (the one in the middle),
4) no new lows for a long time - failures tell a lot,
5) your guess - the lower blue sliding parallel.
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