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Nicemate

Harmonic structure is making AUDJPY ready for a short

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
Nicemate Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
5
0
AUDJPY could be ready for a good short occasion. The pair has seen a strong impulse on the downside, followed by a longer channel correction up until the 0.88 area. It has then formed a bearish harmonic structure, making it ready for another downward impulse.
Entry around "D" point, stop over "X", first target at the channel trend line, second target at "C" point and third target at the low re-test.
Trade with care.
Updates will follow.
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