AUDJPY is testing upside confirmation, and if it closes above this level, it could open up more upside from there ! If price could break
above the descending trendline, it could also indicate more upside from there. MACD signals more bullishness from there.
Reason for Entry:
23.6% fib retracement , descending trendline
Take Profit: 75.32
50% fib retracement
Stop Loss: 73.99
Reason for Stop Loss:
Horizontal swing low
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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