RiosTrades

AUDJPY COMING INTO A HIGH SENSITIVE SUPPORT

Long
FX:AUDJPY   Australian Dollar / Japanese Yen
Ending last week we speculated price moving with high bearish momentum to Key Level of Support but before price reaches this level, it has to break its minor consolidation support before we can begin looking for bullish opportunities at Key Support. Previously what price action has shown us at our Key Level of Support is Buyers Entering the Market with High Momentum therefore we will keep an eye out for reversal confirmations, unless price begins to break Higher Highs.
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