AUDJPY Long-Term Double Top?
A long-term look at the AUDJPY cross allows us to see a clear trendline resistance at the 101.70 level. Now that the market has fallen 400 pips after coming close to its 2013 highs in November, a long term double top seems possible. In a similar idea, I suggested a USDJPY reversal for the beginning of 2015, which I also see with the AUDJPY cross now.
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