AUDJPY: Japanese begins assault
And so, the instrument approached exactly to the resistance line of the downtrend channel. It is expected that this line of defense will be held by the sellers, and the Australian in this case would reach 79.830. A close inside the channel (below 80.440) would be an excellent sell-point. Potentially, the fall may carry forward advance to the level of 77.88.
If the price fixes above the level of 80.440, it will certainly call into question the strengthening of the Japanese against the Australian.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
If the price fixes above the level of 80.440, it will certainly call into question the strengthening of the Japanese against the Australian.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
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