AUD/JPY Potential Upward Movement 🚀

31 במאי 2021

Technical Analysis:

The price posted a double bottom near a strong support after a huge retracement to the 61.80% Fibonacci retracement level. The price reversed and rallied where it is traded now above the neckline. Further movement to the upside is expected in the same direction of the main trend.
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Trade Idea:

Buy Limit Order @ 84.80

Take Profit @ 85.12

Stop Loss @ 84.63


Trade Safely 🙂