poshscouse
Short

Bearish Engulfing Pattern

FX:AUDJPY   Australian Dollar/Japanese Yen
There was a bearish engulfing pattern yesterday, which covered the past 3 days. Now it can be argued where the necessary support area is. However there is a clearly a move which has been taken by the bears in this case. Can expect resistance at 87.188 area or 84.650
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