ForecastCity_ME

💡Don't miss the great sell opportunity in AUDJPY

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
Trading suggestion:
. There is a possibility of temporary retracement to the suggested resistance line (83.92).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 52.60.

Take Profits:
TP1= @ 83.48
TP2= @ 83.15
TP3= @ 82.93
TP4= @ 82.68
TP5= @ 82.17

SL= Break below S2

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ForecastCity English Support Team ❤️
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Comments

Sounds possible
+2 Reply
ForecastCity_ME Megan_forex
@Megan_forex, We appreciate your comment
Reply
Brilliant explanation. Thank you.
+1 Reply
@Lizabet, Thank you for your comment
Reply
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