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AUDJPY: Overbought Market & Confirmation ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‡ฏ๐Ÿ‡ต

VasilyTrader์˜
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Hey traders,

AUDJPY reached year's high last week.
Coiling on that the price formed a dodji candle on 3 days.

Contracting within a symmetrical triangle on 4H time frame,
this morning it was broken to the downside.

Now the price may drop lower.

Intraday supports:
84.75
84.35

For safe entries consider the occasional retest.

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Check my new idea on GBPNZD:
GBPNZD: Still Bearish! Technical Outlook ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ณ๐Ÿ‡ฟ
AUDJPYaussieaustraliandollarCandlestick AnalysisForexjapaneseyenMultiple Time Frame AnalysisTriangleyen
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