mcquak
Long

Bullish Divergence

FX:AUDJPY   Australian Dollar/Japanese Yen
43 0 0
Price is in bullish divergence with CCI and has just approached at S3 monthly pivot point support. This could work as oppty to go long for some few tens of pips of possible correction at least or could also work as significant reversal point.
With that being said divergences does not work always, though it's nice setup so I'm about to keep watching this pair next week.
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