niktraders

AUDJPY: channel breakout

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
Hello everyone
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AUDJPY :
the price braked a neat parallel channel and I expect further bearish movement.
please note how the price moved in the ascending channel that shows weakness of buyers.
Our first target is shown on the chart (support zone).
please remember any analysis can be failed. so, manage your risk and respect your stop loss.
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