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FOREX Trading: Pending AUD/JPY Short

FOREX Trading: Pending AUD/JPY Short

2012-11-20 14:55:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

The AUDJPY has stalled out several pips below the well-defined 8480. This is a high risk area for bulls and therefore an area that may produce a meaningful reversal but a drop below 8414 is needed before I can trade from the short side.

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