Dolar Australia / Yen Jepun
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AUDJPY Buy Idea Based On Multi-timeframe Analysis

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D1- After the bullish rally we had a correction in the form of double wave down.

Price is bouncing higher from a strong support zone formed by the 61.8% - 100% fibonacci expansion level of the first wave. Bullish divergence.

H4 - Bullish convergence.

If we get a valid breakout above the downtrend line we may then expect the price to continue higher further.
Nota
The price action followed my analysis and moved higher as I expected it to providing a fantastic move to the upside!

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