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We have recently seen a rally in the price of AUDJPY. The longer term downtrend still pursues a fall in the pair. Fundamentally this is important because the JPY is a safe haven asset. This means in times of global uncertainty the price can rise.
On the approach to some Strong resistance, Look to the south side for an exit at some early support.
We have recently seen a rally in the price of AUDJPY. The longer term downtrend still pursues a fall in the pair. Fundamentally this is important because the JPY is a safe haven asset. This means in times of global uncertainty the price can rise.
On the approach to some Strong resistance, Look to the south side for an exit at some early support.
Note
Out for first set of gains. Looking to reshort on moves up.Note
Look to re short now.Note
Exit Again for gains on the fall.
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.