Forex Forecasts: AUDJPY The Bearish or The Bullish Scenario
Updated
The Australian Yen pair is at a resistance area that could push the pair down, as the pair moves inside a similar triangle, where the point 76.50 represents a pivotal point for further decline.
If the pair could breach the resistance area at 77.09, then it is a buying opportunity.
If the pair could breach the resistance area at 77.09, then it is a buying opportunity.
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The buying scenario achieves the first target, a stop loss upon entry and a wait for the targets
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