erikmoreno790

Possible Long Entry in AUD / JPY 21/12/19

Long
FX:AUDJPY   Australian Dollar / Japanese Yen
1) Possible continuation of upward trend in the short term, if the candles remain above MA (9).
2) Possible consolidation between 50% and 61.8% levels of Fibonacci, after a 50% level break.
3) Continuation of the price between bullish channel, with probability of reaching the level of 78.6% in the long term.
4) Stochastic in positive zone and with upward direction. It is not in overbought zone.

Setup:
Entry = 75.426
SL = 74.131
TP1= 76.722
TP2= 78.566
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