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Audjpypa

AUDJPY - are sellers showing their cards on 84.00-84.36?Here we are on Aussie/Yen daily chart and as we can see this market is in clear down trend and now pulled back towards the old broken resistance (now acting as new support) which is nearly at 84.00-36. Looks like sellers are making their way to reach new lows from here. We will be getting in shorts after watching Daily session closing. Moreover we have good confluence reasons to support our trade scenario such as Trend, Horizontal (new) support and signal (i.e in formation, wait for NY closing).
Short
by HashamARehman
Are bulls going to take control from 87.32?Here we are on Aussie/Yen daily chart and as we can see this market is in now bullish trend and price had multiple higher highs and then pulled back on near term daily support area which is nearly at 87.32, printed coiled inside day setup there also holding confluence factors which are trend, near term daily support and coiled inside bar buy signal itself. we are getting in longs from here. Let's see how market unfolds from here. safe trading!
by HashamARehman
AUSSIE DOLLAR/YEN is approaching near key level 85.67Here we are on Aussie Dollar/Yen daily chart, as we can see this market is in down trend and after breaking down side of short descending channel it has broken the key level 85.67 as well. After last daily session closing we can see market is rotating back towards the same key level. In this scenario we will be waiting with patience on this market to approach at that level and print sell signals there to get in shorts. Confluence factors that put weights behind this trade scenario are Bearish trend, Key level and signal itself. good trading!
Short
by HashamARehman