StampsFX
Long

Bullish Flag on JPYAUD?

FX_IDC:JPYAUD   JAPANESE YEN / AUSTRALIAN DOLLAR
JPYAUD appears to be forming a bullish flag . Too early to tell, but if going bullish it is usually a good idea to wait for a pull back. Waiting also gives you the opportunity see any sharp reversals and change your mind. Expecting to see a pull back/sell off because of the recent bullish activity, however if all goes as planned it will continue to rise higher and form a bullish flag .
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