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benjaminhay

trendline breakdown, downside move incoming ?

Short
Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
benjaminhay Updated   
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Fundamental Analysis
4
3
trendanalysis fundamental
audjpy failed to break its resistance and seems to gain selling pressure.
0.5 fibo level has been rejected on the retracement.

Next tuesday, the RBA will decide its new interest rate, must watch this pair closely
Trade closed: target reached
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