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TheNomadTraderYT

AUD/JPY Strong Resistance and 200 WMA cross Long opportunity

Long
Australian Dollar / Japanese Yen (FX:AUDJPY)  
TheNomadTraderYT  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Technical Indicators Chart Patterns AUDJPY audjpylong audjpysignal audjpyanalysis audjpyforecast audjpylongsetup
2
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trendanalysis indicator chartpattern audjpy audjpylong audjpysignal audjpyanalysis audjpyforecast audjpylongsetup
Hi traders!
According to my analysis, the AUD/JPY currency pair is expected to increase, presenting a potential Long opportunity. The basis for this expectation is the recent crossing of the price Above the 200 - period Weighted Moving Average (WMA), indicating a Bullish signal. Additionally, there is a strong resistance level that further strengthens the case for an upward movement in the price.
Have trading day ahead!
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