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AUDJPY had mixed price movement during this week indicating a strong buyers holds. We will have to see if price comes back to this week's friday daily low and bounce from there or it continue the bullish trend from fridays closed price.
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Price is expected to be bullish in coming days due to economic side favoring majorly as investors are feared of USD.
What we are looking here is to wait for price to come to 1945-46 region and then take a sell entry with stop loss of 60-70 pips. Take profit should be somewhere 1930.00.
GBPUSD, have been bearish for longer period now, and it is expected to remain that unless the GBP data comes out to be positive. What we have here is an excellent opportunity to buy for shorter term.
Hey Everyone,
Price have accumulated since last few weeks and now we are expecting price to continue the bullish trend until $62000 which is our primary target, it is worth noticing that price have potential to reach that target as economic and other factors are supporting the idea.
Thanks for your support in advance :)