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AUDJPY Broke Out Of Its Ascending Support

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Dolar Australia / Yen Jepun (FX:AUDJPY)  
MEX_Exchange  
FX:AUDJPY   Dolar Australia / Yen Jepun
Trend Analysis Harmonic Patterns Chart Patterns AUDJPY aud jpy audjpyshort Forex forexsignals Bitcoin (Cryptocurrency) bitcoinforecast
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trendanalysis harmonicpatterns chartpattern audjpy aud jpy audjpyshort forex forexsignals bitcoin bitcoinforecast
Sell below 83.311. Stop loss at 83.659. Take profit at 82.652.
Reason for the trading strategy (technically):
AUDJPY broke out of its ascending support where we look to sell on strength at 83.311 (23.6% Fibonacci retracement, horizontal overlap resistance). We expect prices to push down all the way to its support at 82.652.
RSI (89) shows a corresponding break out where we expect to see a similar drop.
Penafian

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