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17.09.202107:51 Forex Analysis & Reviews: USDJPY reversed from resistance, potential drop!

Exchange Rates 17.09.2021 analysis

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Daily Video Analysis: AUDJPY H4, Potential Sell Entry
Today we take a look at AUDJPY. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups.
Author: Dean Leo
03:03 2021-12-03 UTC--5
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AUDCHF short-term bullish bounce | 3rd Dec 2021
On the H4 timeframe, price is abiding to the descending trendline resistance, signifying bearish momentum. However, we can expect a short-term retracement, we can expect price to drop from the 1st Resistance in line with 78.6% Fibonacci retracement and 127.2% Fibonacci projection towards the 1st.
Author: Dean Leo
03:02 2021-12-03 UTC--5
4543
USDCHF Potential For Bounce | 3rd Dec 2021
Prices are consolidating in a triangle and abiding to our ascending trendline. We see potential for a bounce from our 1st support at 0.91900 which is an area of Fibonacci confluences and also graphical overlap towards our 1st resistance at 0.92639 in line with 100% Fibonacci extension and 50%.
Author: Dean Leo
03:00 2021-12-03 UTC--5
4153
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