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AUDJPY – No Brainer Trade

AUDJPY – Aussie/Jpy AudJpy has been trading inside a 23 month Descending channel (since Nov 2014).  Also note how tow it reacted around the 200 day moving average (blue line), it was actually reached yesterday. There is a lot of confluence of resistance around the 81.00 level: Descending channel Resistance Short term trend line since […]

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