The AUDJPY Stuck in Consolidation Short
Australian Dollar/Japanese YenFXCM
Description
⋅ Last post: March 25th. .
Review: Price had broken support. The bears were showing signs of moving to 80.00.
Update: Price reversed, soon after breaking out, taking price into a consolidation.
Conclusion: Price found resistance last week and showing signs of bearishness again. Standing aside until 80.00 is confirmed as resistance.
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