I ll try to make this analysis short and sweet, because this is something l very much like personally.
Hey Guys today I’m presenting my analysis on AUDJPY. At this post starting from this week I have been checking on this pair but I purposely wait. You will know why.
Anyways, here is the best part, this pair has shown the best Japanese respect (head not with bend) to this resistance level at 74.47. But next day it shows some buying power tried to get out of the sellers pressure. But unfortunately or fortunately it couldn’t done that.
Now this pair moving down I anticipate it will ht the next support level at 73.36 that is about 100 pips.
But fellow traders try to remember this is trading, it you gotta understand the uncomfortable situations. So to minimize the those situation please do follow the risk management.
And do let me know your thoughts on this, or if you want me to do a full analysis on any other pair let me know in the comment.
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