alexkyp
Long

AUDJPY potential BUY

FX:AUDJPY   Australian Dollar / Japanese Yen
USDJPY is currently consolidating while AUDUSD is forming a retracement pattern for a bullish run backed up with good expectations for tonights monetary policy .
We can wait for the pair to test the monthly trendline around 78.50 and enter for a BUY position!
The downward move is protected from both the 31&50 and 200 EMA

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