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Audjpytrade

AUDJPY profit target reached perfectly, prepare to turn bearishSell below 86.72. Stop loss at 85.98. Take profit at 87.10. Reason for the trading strategy (technically): Price has reached our profit target perfectly from yesterday. We prepare to turn bearish below 86.72 resistance (Fibonacci extension, horizontal swing high resistance) for a push down to 85.89 support (Fibonacci retracement, horizontal overlap support). Stochastic (21,5,3) is seeing strong resistance below the 95% level.
Short
by theforexarmy